Showing posts with label Forbes. Show all posts
Showing posts with label Forbes. Show all posts

Wednesday, March 07, 2018

How to Invest Like a Billionaire


Do you want to be a billionaire? If so, maybe you should invest in the companies that made the billionaires so rich.

Forbes Magazine has just come out with its latest billionaires list. Seven out of the top ten billionaires have founded and/or are the head of companies that are publicly traded, providing investors with a selection of stocks to invest in.

The following is a list of the billionaires and their stocks.
RankNameNet WorthCompanySymbol
#1Jeff Bezos$112 BAmazonAMZN
#2Bill Gates$90 BMicrosoftMSFT
#3Warren Buffett$84 BBerkshire HathawayBRKA
#4Bernard Arnault$72 BLVMHLVMH
#5Mark Zuckerberg$71 BFacebookFB
#7Carlos Slim Helu$67.1 BAmérica MóvilAMX
#10Larry Ellison$58.5 BOracleORCL

Sunday, September 14, 2014

Money: How the Destruction of the Dollar Threatens the Global Economy - and What We Can Do About It

A couple weeks ago, Steve Forbes, the chairman and editor-in-chief of Forbes Media, spoke at the Commonwealth Club in San Francisco. I had the opportunity to hear him speak and talked to him awhile beforehand. (By the way, he told me that he will not be running for U.S. President again.)

Forbes has also come out with a new book called Money: How the Destruction of the Dollar Threatens the Global Economy – and What We Can Do About It. Forbes has pinpointed the primary cause of the problems with the current economy. The book covers how we got into this mess, how we can get out of it, and what could happen if we don't do anything about it.

The book is about, what else, money. He talks about the history of money in an interesting and easy to understand way. Probably the most important chapter is Chapter 4, where he discusses how terrible inflation is, even a small rate of inflation.

In his speech, he even gave an example. He said that when Federal Reserve Chair Janet Yellen told U.S. Senators that she had an annual target inflation rate of 2%, why did not one senator ask the question, for a middle class family that spends $50,000 a year, how does increasing their expenses by $1,000 a year help that family? Forbes does not believe in inflation at all.

He said that if inflation gets out of control, which it will if something isn't done soon, it will turn into a catastrophe. But he also said that inflation isn't just a financial issue, it is a morality issue.

Fortunately, there is a solution. It is covered in Chapter 6 (I won't give it away.)

If you want to understand the debasement of the U.S. dollar and inflation, then I highly recommend that you read Money.

Saturday, October 05, 2013

Forbes Offering a $400 Discount on the Forbes Special Situation Survey Newsletter

Forbes is offering a special subscription opportunity to investors. If you subscribe to The Prudent Speculator you can save 34% plus Forbes offers a money-back guarantee.

The newsletter includes twelve monthly issues with updated goal prices on recommended stocks, along with stock research, analysis, and commentary.

Forbes is also offering a $400 discount on its Forbes Special Situation Survey which did 4 times better than the S&P 500 over the past 5 years. For a limited time, they will also include the Forbes Investors Guide with the subscription.

Friday, October 04, 2013

Forbes Offering a 34% Discount on The Prudent Speculator Newsletter

Forbes is offering a special subscription opportunity to investors. If you subscribe to The Prudent Speculator you can save 34% plus Forbes offers a money-back guarantee.

The newsletter includes twelve monthly issues with updated goal prices on recommended stocks, along with stock research, analysis, and commentary.

Forbes is also offering a $400 discount on its Forbes Special Situation Survey which did 4 times better than the S&P 500 over the past 5 years. For a limited time, they will also include the Forbes Investors Guide with the subscription.