I have to be honest, I have never liked Wheaties.  No matter how much sugar, fruit, or whatever you like to add to breakfast cereal, it still tastes like wet cardboard to me.  My all-time favorite is Captain Crunch Peanut Butter.  I will always tolerate a little roof-of-the-mouth shredding for that sweet peanut buttery crunchiness. Truth be told, however, I had a thing for Alpha-Bits as a kid.  Nothing gave my pre-teen self more pleasure than trying to spell a few naughty words…
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Last Thursday after the market closed, JPMorgan Chase (ticker: JPM) held an emergency conference call with its investors to deliver a shocking revelation. Jamie Dimon, the CEO of the Whale on Wall Street money-center bank, which is known for its trading expertise and fortress-like balance sheet, disclosed that the bank racked up roughly a $2 billion loss in six weeks from a complex derivative position that “egregiously” failed.  As a result, the Whale and its unsuspecting stock…
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I vividly remember a certain summer day in 1985. I was 14 years old and on my way home from school.  On the train and minding my own business, nose in a book and my head in the clouds, I was dreaming of the day when I could flee the stultifying circumstances of my volatile home life and make my way to the United States -- the land that I always knew I was destined to live in. At that same moment, two young men entered the train.  One minute I was reading my book, and the next minute I…
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Today I'll reveal one secret that's kept me profitable for many years.  I'll also say something that people in my position are not supposed to tell you -- the reader, subscriber, consumer of our educational services. You might have noticed a string of winning articles, by me, for the last month and a half.  I guess you can say I've had a "hot hand" lately.  But it's been more like shooting fish in a barrel for me than like throwing a dart at a board and being lucky. You're…
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I was never really a Trekkie.  Just because I had the Star Trek action figures, the Enterprise that went with the action figures, a phaser, a communicator and a tricorder doesn’t make me a Trekkie.  It’s not like I wore Spock ears or anything (I really didn’t). I think Mr. Spock missed his calling.  While he may have been an excellent first officer and sidekick, his lack of emotion would have made him an exceptional trader. One of the things I’ve tried to do…
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Teeka Tiwari here, and welcome to the first ever weekend edition of The Tycoon report. In this weekly digest I'll be bringing you to up to speed on the stories you may have missed from the past week, as well as capping off each issue with my very own "Big T's Takeaways" segment. We hope you enjoy this new addition, and I hope you'll use the comments feature below to let us know what you think! Weekly Wrap-Up Chris Rowe Warns of More Downside Ahead Our Own Costas Bocelli Shows You How to…
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I have always wanted a rich uncle, like Rich Uncle Pennybags.  One who would bail me out every time I maxed out my credit card or put $10,000 on Prospective to win the Kentucky Derby (Prospective went off 58-1 at this past weekend’s race and finished 18th).  But I don’t. Fortunately, the global banking system does, in the form of giant printing presses... I mean, central banks.  The money has flowed in the form of quantitative easing, twisting, long term refinancing operations,…
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Have you missed out buying quality stocks during this year’s rally?  Well, you’re not alone.  I’ve certainly missed my fair share of opportunities to add to my investment portfolio... only to see them get away from me and trade much higher. The truth is that we’re never going to be perfect with all of our investment decisions.  So, in the meantime, rather than chase the stocks at overbought prices, we stay disciplined and wait patiently for prices to come back…
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I want to take you back in time for a moment... The year is 1541.  The location is Quito, South America.  In the distance you can see the sun splintering off the cruelly sharp weapons of 220 highly trained Spanish Conquistadors.  Marching alongside them are an additional 4,000 natives. The air is so hot that each breath burns the lungs, but the Conquistadors don't care.  All they can think of is the pile of riches just waiting to be discovered in the fabled city of gold, El Dorado. …
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