Blog Category: Investing

[Editor’s note: The below article was written by my colleague, Bob Byrne. Some of you may already be familiar with his work. For more information, see his bio at the bottom of the article.] During my first week trading, all I could do was stare at my desk. Phone numbers covered every inch of my […]

For the past month on my podcast and on my Instagram Lives and on Twitter, I’ve been begging people to be rational.  I said:  “This virus has a lifespan of about three months. Which would imply a peak in the U.S. of around April 15, give or take (and might be different per city).” “Less […]

The market was up huge yesterday. I don’t like it.  I want the market to go up. I’m absolutely sure that there is greater than a 95% chance that the markets will be SIGNIFICANTLY higher in the near future.  In other words, on the one hand, the market is a strong buy.  But as I […]

The rules Rule #1: Never try to call the bottom It’s OK if you buy something and then it goes down more. Just don’t use what’s called “leverage” (i.e., borrow. In this case, you can go broke). Rule #2: While some say, “Buy when there is blood in the streets,” I don’t like to do […]

There was a church across the street from where I lived. In the middle of a bad investing day, when my heart was pounding so bad I thought I would die, I would go to church. It was always empty. I’d get as close as possible to the statue of Jesus. I would touch his […]

Newspapers are evil. Ten years ago I decided, every time I want to read, I’d read a book instead of a newspaper. Not to be snobbish. But newspapers are just full of sh*t. I know. I wrote for five of them. People say to me, “That’s stupid. How do you get informed?” What? I’m a […]

It was 2:32 p.m. May 6, 2010. $1 trillion dollars disappeared within minutes. I couldn’t believe it. I was looking at the market. I was looking at my bank account. I thought I was having a heart attack. What. The H***. Is Happening? I called someone and I think I started to cry. Years later, […]