“Watching neighbors get rich at the end of a bubble while you sit it out is pure torture”. Jeremy Grantham
Why be masochistic and sit out one of the greatest bull markets in history? If you have clear guidelines: milestones based on other bubbles such as stock markets in the 1920s and 1980s, then you can profit from both the bubble inflation and when it bursts. Like then, current stock market valuations are not sustainable. But, even with the anticipated Trump inspired increase in inflation, that doesn’t stop valuations going much higher before much lower. That is the nature of a bubble.
Change is coming. And for most businesses, it can’t get here fast enough. But are you ready for better business intelligence? Here’s what to expect.
Investors know the NYSE as a home for the world’s most important blue chip stocks. Massive companies like Walmart, Berkshire Hathaway, Exxon Mobil, and Coca-Cola are listed on the exchange along with roughly 2,400 other companies, and together they add up to an astounding $20 trillion in value.
But how do other exchanges around the world, such as the ones in Toronto or London, compare to the famed NYSE?
Only 10 companies control almost every large food and beverage brand in the world.
These companies — Nestlé, PepsiCo, Coca-Cola, Unilever, Danone, General Mills, Kellogg’s, Mars, Associated British Foods, and Mondelez — each employ thousands and make billions of dollars in revenue every year.
Bill Gates once famously said that we systematically overestimate the change that will occur in two years, while underestimating the change that will come in the next ten.
The ongoing conversation about the death of legacy media definitely fits that mold.
For many investors, hedge funds appear to be shrouded in mystery.
There’s a practical reason for this. The best hedge funds are extremely careful about protecting their ideas and tactics, because they provide an important competitive advantage for making profits.
There is no reason you can’t make $10 -$20 – $50 million or more starting with a very small amount of capital.
I believe God has created us with the ability to achieve our dreams. It is up to us to dream big. Everyone is born with a spirit of courage but as we age slowly develops into a spirit of fear. The quickest path to a mediocre life is to give in to your fear of failure. Do not let doubt and negative thoughts creep into your head. Do you hang out with negative people?
As the world’s deepest manmade hole, the depth of the Mponeng Gold Mine is almost mythical. Located south-west of Johannesburg in South Africa, the mine descends 2.5 miles below the Earth’s surface—enough to stack 10 Empire State Buildings on top of each other. This doesn’t include the 236 miles of tunnels throughout the mine, which is longer than the New York subway.