Posts by Leonardo Drago

STOCKS ARE STORIES, BONDS ARE MATHEMATICS.

THREE WEEKS AGO OVER DINNER MY 87 YEAR OLD FATHER ASKED ME HOW MUCH MONEY I HAD MADE FOR OUR CLIENTS IN OUR EQUITY STRATEGY IN 2017.

COMMODITIES ENJOYED SIGNIFICANT INTEREST FROM INVESTORS FROM YEAR 2000 ONWARDS.

BUY LITHIUM MINING STOCKS BECAUSE DEMAND FOR BATTERIES WILL SKY-ROCKET AS EVERY CAR MAKER GOES ELECTRIC.

I GAVE A TALK AT AN INVESTMENT SEMINAR RECENTLY WHICH WAS TITLED “INVESTING MYTHS: DE-BUNKING WIDELY ACCEPTED TRUISMS”.

MANY INVESTORS HOLD INVESTMENT ASSETS OFFSHORE, OFTEN UNDER INVESTMENT HOLDING COMPANIES.

THE BEST INVESTMENT ADVICE I EVER RECEIVED WAS: “THE DEGREE OF UNPROFITABLE ANXIETY IN AN INVESTOR’S LIFE CORRESPONDS DIRECTLY TO THE AMOUNT OF TIME SPENT DWELLING ON HOW AN INVESTMENT SHOULD BE ACTING, RATHER THAN HOW IT ACTUALLY IS ACTING.”

IN THE WEEKS LEADING UP TO THE PRESIDENTIAL ELECTION, EQUITIES FELL ANYTIME TRUMP GOT A BUMP IN THE POLLS, AND GAINED WHEN CLINTON ROSE IN THE POLLS.

THE LAST TIME A BOND BEAR MARKET WAS GETTING STARTED, I WAS STILL IN DIAPERS. IT WOULD BE DIFFICULT TO FIND ANY INVESTOR WHO LIVED THROUGH AND VIVIDLY REMEMBERS THE IMPACT OF LOSING MONEY YEAR AFTER YEAR IN BONDS, BUT…

AS WE GET OLDER AND INCH CLOSER TO OUR RETIREMENT AGE, WE INTUITIVELY UNDERSTAND THAT WE ARE SUPPOSED TO TAKE LESS RISK IN OUR INVESTMENTS, SHIFTING THE FOCUS FROM CAPITAL GAINS…