President of Global Emerging Growth Capital and author of Fusion Analysis. Columbia University MBA, CFA and CMT Charterholder, and global financial trainer
New York, NY
Joined May 2012
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Imagine raising a Manhattan family where three kids go to private school..
First question… do you work for Citadel?
Second question.. starter for NY Yankees?
There is no third question…
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So you are a newbie to investing
DO.. DCA indexing, needs> wants
DONT.. trade, time, pay fees, do research, big bet, watch TV talking heads, have multiple monitors
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Monkeys throwing darts at stocks and DCA indexing has proved to be ways to keep up with market returns over time
Both require no skill, no wasted research time, no transaction costs…
.. and are available to millions of investors to grow wealth
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Then one is presented with results of top traders with huge gains…
This means little…
Why?
Statistically, given so many trades it’s highly likely you get big winners.. same as a lottery.. there has to be a winner given time and entries
Academic studies tend not to support trading after accounting for transaction costs, slippage and luck
Traders hate to tell you their Q stat ( a luck indicator)
So- called champion traders enter many contests with multiple strategies.. one is bound to work over time
And..
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Academic studies tend not to support trading after accounting for transaction costs, slippage and luck
Traders hate to tell you their Q stat ( a luck indicator)
So- called champion traders enter many contests with multiple strategies.. one is bound to work over time
And..
Even in a bull market, one can lose all
How?
Leverage, transaction costs, emotional shakeouts
This affects traders but not investors
When does one stop counting?
Investors: first million, second million, likely third million …
Traders: first triple digit loss, first quad loss, likely first 5 digit loss…
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When does one stop counting?
Investors: first million, second million, likely third million …
Traders: first triple digit loss, first quad loss, likely first 5 digit loss…
Over the years of the Fusion Super Bull Market, there are those who watch and chase each economic event…
.. they get grey hair and never catch up
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Watching multiple monitors is a waste of time in an efficient market
DCA indexing enables one to enjoy and grow wealth, rather than get stressed out and lose more money
Inflation spooked the bond market today..what am I doing?
Dining at sidras casa mingo in Madrid… it’s where everyone knows everyone’s name
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Inflation spooked the bond market today..what am I doing?
Dining at sidras casa mingo in Madrid… it’s where everyone knows everyone’s name
Do you really want them as clients? You know they’ll be gone if they keep doing this
If it’s recreational trading, let them have fun.. if they are using serious money.. drop them, IMO
Agree that trading the release is mostly a coin flip once the fast money gets there first. The harder part is sticking with the plan on a day like today when yields jump. What do you tell clients who want to do something anyway?
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So inflation is considered hot… and now looms print and spend… should be interesting.. something will have to give
Global spend and print is coming …big time
The European demonstrations are the appetizer
Also a problem, are the undiversified economies that are vulnerable to AI rapid changes
Monetizing could lead to 5 digit gold prices by 2030
France exit the Euro?
Ching, Ching
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Another worry for traders… what’s the inflation number?
See, this is a stupid for making money in the stock market
Why?
Market discounts all and you can’t trade profitably upon the release
So? DCA and relax!
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Global spend and print is coming …big time
The European demonstrations are the appetizer
Also a problem, are the undiversified economies that are vulnerable to AI rapid changes
Monetizing could lead to 5 digit gold prices by 2030
France exit the Euro?
Ching, Ching
Gold is part of Fusion Immunization which is designed to conserve capital and grow wealth
FI means:
- market corrections no longer matter
- Fed pays your bills
- BA offset volatility angsts
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When Fusion created the first global gold professional course that predicted its Renaissance, there was incredible disbelief…from New York .. to Cairo..to Dubai.. to Shanghai …
Some called gold a paperweight…
Yet..gold eventually beat the SP for 20 yrs
What about gold?
Fusion predicted the gold Renaissance and $5500 top
Excesses will require 6-12 month base building, so DCA nibble under $4500
Island Reversal pressure .. but
Coming global spend and print should rejuvenate gold
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What about gold?
Fusion predicted the gold Renaissance and $5500 top
Excesses will require 6-12 month base building, so DCA nibble under $4500
Island Reversal pressure .. but
Coming global spend and print should rejuvenate gold
Market is up big today… what am I doing?
Making dinner reservations in Madrid. Granada was great. So was Paris
Seen big up and big down days over the years in the Fusion Super Bull
Best reaction?
-Add to DCA indexing
-avoid Stupids of trading and paying fees
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