Loading ...Thank you for the response and added practical info. Very interesting points to consider. The market letter I get recommended about 10 of them very early on, with the assumption 1 or 2 would be a stand out. Like getting in early on face book or some other stand out that started very small. He also mentions the “wolf pack theory” where as the whole group moves together.
He was the first one in gold miners back in the ’60s. The original goldbug he calls himself. Also first with Uranium, dot-com, teck stocks and rare earth stocks. His problem is he sells too late. In June 1982 I got a mail gram, “Sell all inflation related assets, and buy the Dow at 796.”
Unfortunately the gold/silver sell signal was 2 years too late. MVOOGASSS he called it. Much vaunted all out gold and silver sell signal. If you got in, in the 1969, 1982 was fine. But if you got invested later on, and waited two years off the peak, it was bad.
Some people pick a stock because they like the name. Like Sunshine Mining. Or just put block chain on your Long Island tea company and stock goes up 180%.