Wednesday, January 13, 2016

Where my inner investor is bottom fishing

I thought that, as a change of pace, I would write about where my inner investor is finding opportunities, instead of focusing on the daily gyrations of the stock market and whether it has found a short-term bottom, which is a topic I will cover in a post this weekend.

The art of bottom fishing requires a strong constitution, which is suitable for people like my inner investor who has a longer time horizon. You have to go into the exercise thinking that you don't care that you catch the exact bottom, but with a mindset that Mr. Market has put a sale price on an investment. You may buy X at $10, see it fall to $7, but be ultimately rewarded in several years when it rises to $20, $30 or $40 (note that these are just examples and not return forecasts).

With that framework in mind, here are a couple of opportunities identified by my inner investor.

The full post is at our new site here.

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Please be reminded that the new site is closing to new subscribers as of midnight (Pacific Time) this Friday, January 15, 2016. This is because I would like to better control the rapid growth of our community.

Here is a sample of some of my recent posts:

Two weeks ago, I wrote The reason why the bulls should be cautious about a January hangover. To be sure, I never expected the kind of downdraft that the market is experiencing, but I was directionally correct. What's more, my big picture calls were pretty good last year (and they contrarian enough that I got a ton of hate mail):

I know that many readers have been following me for a long time. I would like to give them the opportunity to get the best start on 2016. Come over to the new site and take a look.

The subscription page is here (US$199.99 for one year, US$19.99 for one month, US$4.99 for a 24-hour day pass). Even if you are not ready to subscribe, you can always sign up for email notification of free posts as they are free and available to the public two weeks after publication.

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