James Altucher’s Top 1% Advisory Report Review (Don’t Bother)

There has been some recent discussion about ‘James Altucher’s Top 1% Advisory Report’, which purportedly grants its subscribers access to the same lucrative investments ‘elite’ investors use. Top 1% Advisory, a hugely popular new research letter Each month, multimillionaire investor James Altucher shows you how…

Does algorithmic trading work?

There has been a lot of discussion (such as on Reddit, Quora, Hacker News, and other communities) about quantitative/algorithmic trading: Does algorithmic trading really work for individual traders? Isn’t it just another seemingly sophisticated method like technical analysis? Does algorithmic trading really work? What are…

Economics Misconceptions, Part 2

From James Altucher: FINANCIAL FRIDAYS: WHY TODAY IS THE DAY YOU HAVE TO REINVENT YOURSELF It’s going to be a shitstorm and I hope I have my umbrella. For the financial elite, it’s the best of times. For everyone else, maybe not so much, but…

The FOMO Stock Market

Form The Reformed Broker: Why Bull Markets Make Everyone Miserable There’s also performance envy, fear of missing out (FOMO) and a whole litany of cognitive issues revolving around whether or not each of us has received our fair share of the bull market. Spoiler alert:…

Gnon Index (turning $10k into $95k)

Amazon, Facebook, and Google stock individually have far out-paced the S&P 500 since Jan. 2013: And when combined (each weighted 33% in the portfolio and re-balanced annually), is up over 200% vs. just 60% for the S&P 500: Investing $10,000 and using 3-1 leverage such…

Airbnb Files to Raise $850 Million at $30 Billion Valuation

Look like I’m right right again: Airbnb Files to Raise $850 Million at $30 Billion Valuation: Airbnb has been restrained about how much capital it takes on compared with ride-sharing company Uber Technologies Inc., which has raised more than $15 billion in equity and debt….

Right Again: Tech Companies Keep Posting Blowout Earnings

Over and over again, I keep being right. In mid-2015, in the article Why the Web 2.0/Tech 2.0 ‘Bubble’ Refuses to Burst, I wrote: But I am pessimistic about the hardware unicorns (Fitbit, Skullcandy, GoPro, Jawbone) as opposed to the app/website ones, so It’s not…

Post-2008 Wealth Creation: A Guide, Part 5

Edit: Part 3 contained a mistake in the integration that has been fixed Part 4 discusses the allocation and the past performance of the strategy. In the fifth and final section, I’ll show how to place the orders. To recap, the the method involves using…

Post-2008 Wealth Creation: A Guide, Part 4

This is the penultimate installment of the post-2008 wealth creation guide. In part three, I discussed shorting inverse leveraged funds like SPXU and SPXS, which are 3x inverse versions of the S&P 500. As of 7/20/2016, SPXU is trading at 23.50. Shorting $10,000 worth would…