Bill Gates is the second-wealthiest man on Earth. His fortune is estimated to be an astounding $54 billion. If we itemize his net worth in the past 25 years at 14 hours per day, it would work out to earning $1 million per hour… Read More

“There’s no question that the earth is going to run out of oil within the next 10 years”, read the Peak Oil investment pitch that came across my desk. Citing a variety of scientists and academics, it appeared that these guys really did their homework when preparing the presentation.  It… Read More

I’ll never forget trading during the Internet boom of the late 1990s. Internet-related stocks would sometimes jump two or more points at a time, from tick to tick, as crazed investors just poured money into the latest big thing. Even stocks with no revenue and a questionable business plan would… Read More

There is no question in my mind that the housing market bottom either already in or is very close.  I realize this is a bold statement given the dire condition of the U.S. housing market, however I firmly think this is the case. Savvy… Read More

Contrary to popular opinion, emotions and sentiment do not move stocks or commodities prices. The only thing that moves prices is buying/selling pressure resulting from capital flowing in and out of the particular security. In other words, that which controls the most capital in a security controls the price of… Read More

If you have been following the markets for very long, then you have probably noticed all the flashy ads for foreign exchange trading, or “forex” for short. They seem to be everywhere, from the business TV channels and magazines to billboards and the… Read More

In the corporate world, getting added to a major stock exchange is like receiving the Good Housekeeping Seal of Approval — the vetting process looks into all of the nooks and crannies.  #-ad_banner-#If the exchange happens to be the granddaddy of all exchanges, the New York Stock Exchange, then it’s… Read More

There are two primary ways to make money on Wall Street.  The first is to find an exploitable, short-term edge and just keep hammering it until it stops working. Successful day-traders and those trying out the current high-frequency trading fad are prime examples of… Read More

What do Larry Ellison, Sean Combs, Ted Turner, Bono and Saudi Prince Alwaleed have in common with thousands of other very wealthy people? It certainly isn’t their style of dress, philosophy or even how they made their money.  In fact, these folks couldn’t be more different in terms of just… Read More

September 16, 1992, has gone down in history as the day George Soros broke the Bank of England. Britain’s effort to fight against the devaluation of the pound could not counteract the market forces that were… Read More