Porter's Big News
We're live from Vegas... Highlights from day one of the 2017 Stansberry Conference... Shark Tank's Kevin O'Leary on the 'cold, hard truth'... Porter's big news... Introducing the Stansberry Terminal... Sjug reveals a new 'Melt Up' revelation... How to get instant access to all of the first day's great presentations...
The 2017 Stansberry Las Vegas Conference kicked off yesterday morning...
The day began with a keynote presentation from investor mogul and entrepreneur Kevin O'Leary. As you may know, O'Leary is also one of the "sharks" on the hit television show Shark Tank.
On the show, O'Leary is known for his blunt, and often brash, personality. And if you're a fan of "Mr. Wonderful," you likely weren't disappointed. During the wide-ranging presentation, he shared his philosophy on business, management, and investing as only he can...
Shark Tank's Kevin O'Leary delivered a great opening presentation.
O'Leary led with the most important lessons he has learned from his Shark Tank career... including the three critical attributes of every successful enterprise. "Whether you're a preacher, a politician, a manager, if you're able to do this, you'll be successful," he said.
He also noted that after decades of investing in more than 40 different companies, he has discovered that the majority of his returns have come from female-led companies. He explained why he believes this has happened, and shared four key practices every entrepreneur, manager, and leader can use.
If you're a Shark Tank fan, you won't be surprised to hear O'Leary's approach to investing is centered on protecting his capital above all else...
I do not own a single stock that does not have return of capital. Either it pays me dividends or interest. Seventy percent of the time, you make money [in a stock] because it pays you a dividend... I never own a position that does not return capital. That forces you into companies that generally make money.
He said that he doesn't own companies like electric-car maker Tesla (TSLA) for exactly that reason...
Why don't I just buy the car... and [wait to buy the stock] until it's profitable? I'm in it for the long run... I will never own a stock that doesn't pay a dividend – I've made that a covenant.
Like us, he also stressed the importance of diversification and proper position sizing...
Diversification is the only free lunch [in investing]... [Diversification] saves you when the market corrects. I will never own more than 5% of any stock... I never let any sector [account for] more than 20% of my portfolio.
Finally, O'Leary noted that he always keeps 35% of his portfolio in fixed income, including rental real estate... keeps at least 10% in cash at all times... and holds 5% of his wealth in gold, in both physical bullion and exchange-traded funds (ETFs).
Up next was Porter...
His presentation offered a behind-the-scenes look at the latest developments here at Stansberry Research, including a review of several new publications and acquisitions.
Most notably, Porter introduced a brand-new project designed to address the two biggest problems and complaints we hear from you, our subscribers...
- You don't have enough time to follow everything we publish, so you're constantly missing out on great opportunities, and...
- You have too many positions and can't follow them all closely enough.
As Porter explained, he has dreamed for many years of offering our subscribers a simple, easy-to-use computer "terminal" that would allow you to easily access and manage all the financial research you receive.
Professional investors use a Bloomberg Terminal for this purpose. But access to a Bloomberg Terminal costs $25,000 per year and requires specialized hardware. And it's notoriously difficult to use. It simply isn't a realistic option for most folks.
Porter's idea was to create something similar for individual investors...
It would be a computer application. It wouldn't require any special hardware or training to use. And it would offer access to the same kind of news and fundamental data – as well access to all your newsletter subscriptions and TradeStops – at a fraction of the cost.
We're pleased to announce it is no longer a dream.
Yesterday, Porter introduced the Stansberry Terminal for the first time...
A sneak peek at the Stansberry Terminal.
As Porter explained, the ultimate goal with the Stansberry Terminal is to not only allow you to access all of our research easily and conveniently... but also to allow you to use all of the proprietary screens and models we've built, so you can find your own ideas, too.
Imagine being able to research, buy, and monitor all your investments... easily, simply, and all in one place. That is what the Stansberry Terminal is being designed to do.
We're planning to begin "beta" testing by the end of this year... And we hope to launch the Stansberry Terminal to the public in the first half of 2018.
Stay tuned for more information soon.
As we mentioned yesterday, Steve Sjuggerud promised to reveal big news about his 'Melt Up' thesis, and he did not disappoint...
Sjug reviewed his thesis to date, including an update on several of the market's "vital signs" he has been tracking.
As regular Digest readers know, these include the advance/decline line, the S&P 500 Equal Weight Index, the small-cap Russell 2000 Index, financial stocks, and the Dow Jones Transportation Average, among others. He also introduced two new indicators that have predicted practically every major stock market top in history.
Steve noted that all of these indicators continue to give the "all clear" today. In fact, small caps, financials, and the Dow Transports each broke out to fresh all-time highs yesterday. This is an incredibly bullish sign.
And while it wouldn't be fair to conference attendees to share all the details yet, we can tell you that Steve's latest research suggests the Melt Up will continue even longer than he originally believed. And this means the gains could be even bigger, too.
In short, Steve believes the end of this bull market is coming... But we're not there yet. If you aren't already positioned to profit from the Melt Up, it's not too late.
Steve also shared his absolute favorite Melt Up opportunity today. He says it has more than 50% upside even if he's wrong... And it could absolutely soar if the rally continues.
Steve Sjuggerud offers an update on the Melt Up.
Of course, this is just a sample of the great presentations from the first day of the Stansberry Conference...
We also heard from folks like Marty Fridson – the "dean" of high-yield debt – who shared his latest thoughts on the junk-bond market...
Grant Williams – publisher of Things That Make You Go Hmmm, one of the most widely read financial publications in the world – who explained why "this time is not different"...
Cullen Roche – founder of the Pragmatic Capitalism blog – who presented a contrarian view of U.S. Treasury bonds you've likely never heard before...
And many more.
As we often mention, one of the biggest benefits of the annual Stansberry Conference is getting to hear exclusive investment ideas like these before anyone else.
Again, while it's too late to attend this year's full event live and in person, you don't have to miss out...
You can still get immediate access to high-definition video of all of this year's great speakers, presentations, and ideas via our online "All-Access Pass." And you can watch and re-watch these presentations whenever, wherever, and as often as you'd like until December 31. Click here to sign up now.
New 52-week highs (as of 9/27/17): American Express (AXP), CME Group (CME), WisdomTree Japan Hedged Equity Fund (DXJ), WisdomTree Japan Hedged SmallCap Equity Fund (DXJS), iShares MSCI Japan Fund (EWJ), Huntington Ingalls Industries (HII), iShares Core S&P Small-Cap Fund (IJR), iShares U.S. Aerospace and Defense Fund (ITA), iShares U.S. Home Construction Fund (ITB), JPMorgan Chase (JPM), Lockheed Martin (LMT), AllianzGI Equity & Convertible Income Fund (NIE), PNC Financial Warrants (PNC-WT), and ProShares Ultra Financials Fund (UYG).
In today's mailbag, a longtime Stansberry Alliance member shares some great feedback on this year's Las Vegas conference. We'd love to hear from you, too... Let us know what you think at feedback@stansberryresearch.com. And again, if you're not already joining us, it's not too late to see every great presentation for yourself. Click here to learn more.
"Once again, Porter Stansberry and team deliver! Not yet finished with Day One of the Conference we have heard about individual stocks, ETFs, currencies, bonds, gold, commodities, private equity, real estate, and crypto currencies... and oh yeah, guitars! Wow!
"And, these presentations include new ways to look at our investments, such as Cullen Roche's take on Government Bonds. These are not presentations that have been designed to give the same old take on investing, but rather delivering the knowledge to come to our own conclusions. What Porter and his team would want to know if roles were reversed.
"Kevin O'Leary was fantastic. One of the best keynote speakers yet (and I have attended this conference for years!).
"Grant Williams had the most entertaining slide deck ever, 'A World of Pure Imagination,' and Mike Wilkins' presentation on shorting small cap stocks was just fascinating.
"Let's not forget the Stansberry crew hard at work, letting us take the presentations in and they are taking notes for us and delivering throughout the day.
"Food & facilities are terrific! Already looking forward to the Bellagio in 2018!" – Paid-up "Mighty Proud" Stansberry Alliance member Justin Fowler
Regards,
Justin Brill
Las Vegas, Nevada
September 28, 2017