The best businesses in the world are the ones AI cannot touch. Boeing (BA) builds planes. Airbus builds planes. AI doesn’t, and it’s never going to, no matter how many data centers sprout up this year. I think about that more than I probably should. Because everybody in this market is trying to answer one […]

Editor’s Note: I don’t usually hand this newsletter over to someone else, but Nate Bear earned it. He and I come at the market from different directions. I follow where insiders are putting their own money, he reads it off the charts. But when two different methods start pointing at the same thing, that’s worth […]

The market has been ugly for a few weeks now. The QQQ, the fund that tracks the biggest tech names, has been weak and sliding. And the stocks that led the whole first half, the chip names everybody fell in love with, are the ones cracking the hardest right now. Micron (MU), SanDisk (SNDK), Nvidia […]

Remember when I showed you a glimpse of my gnarly 80s hairdo and told you about my professor’s bogus borrowing? I set that up to show you the companies fueling the AI boom. Now, let’s follow the money to the people dumb enough to lend it. I’m not afraid of showing you who I am […]

Editor’s Note: The T in my G.R.I.T. formula stands for Transfer Your Wealth, and most people think that means leaving their kids a pile of money. It doesn’t. The most valuable thing you can hand down is the know-how to build wealth in the first place, because a pile of cash gets spent, but the […]

Wall Street loves to swoon you with the spending. It works hard to hide where the money comes from.

The Innovator, the Imitator, and the Idiot. I wish I could take credit for that phrase, but I can’t. It belongs to Warren Buffett. He sorts every boom into three players: the innovator, the imitator, and the idiot. It describes how a great idea gets exploited until it finally collapses under its own greed and […]

A Note From Stephen Prior, Publisher: JC has been on this theme for a while now… and frankly, it’s one of the reasons I keep sending his work to your inbox. Everybody’s debating which AI company wins. JC’s asking a more interesting question: who gets paid regardless? He calls it “AI Dark Money”… The infrastructure, […]

A Note From Stephen Prior, Publisher: When planning our next Monument Traders LIVE event, we knew we wanted to bring in someone who sees the market differently. Not just someone who reads the news, but someone who reads the tape. JC Parets is that person. With more than two decades of experience, he’s one of […]

You’ve heard the cliché, “zig when others zag.” It’s much easier said than done, and only the bold can truly do it. Because when the loss of your fortune is staring you in the face, and Wall Street’s in a panic, the smartest play seems like the scariest. The best money I’ve ever made came […]

Friday’s SpaceX IPO is all the rage right now. And a few days ago, one of my brokers emailed me about an opportunity to invest in it… before it goes public. He wasn’t talking about the stock everyone will scramble for when it opens. This was a way in before that, through a private structure […]

Elon Musk already owned more Tesla (TSLA) than anyone alive… And he bought more. In February 2020 he spent about $10 million of his own money buying Tesla on the open market. Not a fund, not options, his own cash. He didn’t need a single additional share. That $10 million is up close to $70 […]