One of the best ways to make a massive pile of money in the stock market is to think like a pirate.
Last week was the deadline for money managers and hedge funds to report their holdings to the Securities and Exchange Commission.
This happens every quarter, and the deadlines days are four of my favorite days of the year.
They’re not quite up there with Opening Day of the baseball season, the College Football kickoff game, or Christmas, but they’re not all that far behind, either.
Perusing these documents and comparing them to the previous quarter can reveal valuable information about what the best and the brightest minds on Wall Street are doing with their investor’s cash.
Stealing the best ideas of the best investors can make you a fortune.
I started doing this years ago, long before it became super easy to look the information up online.
That easy information has made things a little trickier, but it can still be done. Let me show you how…
It’s noisy out there if you pay any attention to the media or spend any time at all on that wonderful new source of news, social media.
Stocks are crashing. Stocks are exploding upward!
Buy gold! Never buy gold.
The dollar is going to rise dramatically and crush the U.S. economy! The dollar will fall and lose status as a global reserve currency and crash the U.S. economy.
Buy bonds! Never buy bonds.
Annuities are wonderful! Annuities are evil…
It can get real confusing, real quick if you’re trying to find your way through the investment jungle.
Fortunately, you have me to filter all this stuff for you.
After more than 30 years of watching the crescendo of news and increasingly fake news build, my BS detector has become finely tuned over the years.
There’s one important thing to focus on when considering what to do when this happens…