This article was contributed by Tom Beck of Portfolio Wealth Global.
Are there people on YouTube or other platforms that YOU’RE ADDICTED to and love every word coming out of their mouths? When I ask around, many tell me that Ray Dalio is a favorite of theirs, or Howard Marks or Jeff Gundlach.
The reason why so many LOVE THEM is because they confirm their bias on markets.
Who wants to listen to someone they HATE and have nothing in common with? I do!
If I see a successful person who has views opposite of mine, I cherish the relationship.
Ray Dalio, Howard Marks and Jeff Gundlach, among others, talk about MACROECONOMICS and I want to tell you that even if they get the macro right, it DOES NOTHING to their portfolios, as you can see.
Look at the performance of Bridgewater Associates for NEARLY A DECADE; they suck, point-blank.
Any institution, college endowment or pension fund that decided to PLAY IT SAFE and go with Mr. Dalio’s firm, had been MUCH BETTER OFF just buying the index fund.
Macroeconomics creates ZERO VALUE when picking stocks; it might help in understanding how to allocate funds among the various asset classes, but it never REPLACES STOCK PICKING skills.
Of course it’s fun to listen to a GURU who confirms your worldview, but there’s nothing QUITE LIKE results. The name of the game is results!
None of these WALL STREET TYCOONS saw Bitcoin like we did!
Portfolio Wealth Global covered Bitcoin below $500, a position that is up over 2,000%!
None of these WALL STREET TYCOONS bought stocks in the MARCH PANIC, but we did, IN DROVES, through the three watch lists reports we published to you!
None of these WALL STREET TYCOONS went big on silver or gold, but we did!
The name of the game is RESULTS.
Owning stocks is PRIORITY NO.1 for any person who is looking to grow wealthier, especially if they’re cheap. In March, they were JUST THAT, but these suits were too afraid to WALK THE TALK, while we issued THREE WATCHLISTS, full of goodies!
Homebuilders are telling us that millennials are entering the HOUSING MARKET; are you going to keep listening to the doomsday crowd, which keeps telling you that millennials don’t have two nickels to RUB TOGETHER, or will you look at facts, objectively?
I’ve been investing in real estate since 2010 and it’s been a GOOD INVESTMENT the whole time.
Don’t listen to the macroeconomic doom forecasts; see what’s happening ON THE GROUND.
Huge alerts coming from us!
I am disinclined to be so optimistic, having witnessed all that I have witnessed, attempting to show people from various cults the truth regarding things, and the resistance and demonization that I have encountered, including cult tactics including surveillance, gas-lighting, and stalking, and Saul Alinsky’s 13 Rules for Radicals tactics being used against me. Cults were a bad idea, in hind sight, but America is made up of cults which is what defines culture, cult being the root word. I am not talking about Moonies, or Jahova’s Witnesses, or Scientologists, or Mormans, I am talking about the RNC, DNC, and AA. Even in my own neighborhood, there is a really weird surveillance cult that moved in and took over this neighborhood and terrorizes me and gas-lights, spies on me, and breaks in, steals, and vandalizes.
This society is sick and as evil as hell and is 100 times more evil than Nazi Germany. I refuse to be a part of it. Much like the transition that occured during the Nazi Occupation with the total deterioration of society and a mad rush to join in and land a status position in the Third Reich or be totally rejected, demonized, and ostracized for refusing to buy into the Goebels propaganda, the Mengela Eugenics, and sadistic pointless medical experimentaion and the fury of the fuhrer Hitler.
Those who rushed in felt a place of belonging and a common goal, never daring to say stop in fear of winding up hated and marginalized, but it is better to be hated and marginalized than respected by evil people with an evil agenda.
So, I have no choice in my opinion but to refuse to interact with them. They literally can’t handle the truth. I happen to be speaking about many individuals that have Masters degrees, PhDs. and MDs, so it cannot be claimed tbat they simply lack the mental fortitude to comprehend such things, and in the case of AA it is deeply rooted philisophical disagreement since I do not believe in determinism aka predestination as they do.
So this is now life in America, as it was in Nazi Germany. If it is join or die, I choose death because I could not tolerate being a part of it on moral grounds.
Proving my point in ed geenland and mccarthy dahmerville a man found a box wrapped in foil on a beach in Racine WI with a rubberband around it, next to a flower and possibly foreign currency. What was in the box? An animal brain. Sickos!!!
United Shithole of America can defend itself from Russia if Russia uses 19 year old missiles, or U.S.A. can stop acting like a bunch of psychopaths that just make shit up when ever they feel like it. It would be an extremely hard habit for them to break, since many have lived their entire lives by just making shit up that has nothing to do with the truth as a survival tactic for a lifetime of pathological lying.