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By Tony Sagami On July 8, 201912:56 PM Eastern
Bitcoin peaked at $19,783 on Dec. 17, 2017.
It's now trading well below that peak, but up sharply — more than 250% — from its December 2018 low of $3,122.
Investor interest in...
By Tony Sagami On July 4, 201908:00 AM Eastern
Happy Fourth of July! I have always loved this holiday. In fact, my two favorite childhood holidays were Christmas and Independence Day.
Christmas, of course, meant presents. But...
By Tony Sagami On July 1, 201904:00 PM Eastern
When I talk to investors about blockchain, I get one of three reactions:
Block what? Blockchain is waaaaay overhyped. Blockchain is the next big thing! Which describes your opinion about...
By Tony Sagami On June 28, 201908:00 AM Eastern
"Why in the hell didn't you tell me to keep my money in the stock market, you #$%@#& idiot?!"
That wasn't an unhappy subscriber, or a Tesla fan who disagrees with my bearish outlook for the...
By Tony Sagami On June 24, 201903:16 PM Eastern
The stock market has been on fire since the Federal Open Market Committee met last Wednesday and pretty much told the stock market that it will do whatever it takes to keep the bull market...
By Tony Sagami On June 21, 201908:00 AM Eastern
Longtime readers know I was raised on a vegetable farm and spent most of my life in Montana. To borrow a phrase from John Denver, "Thank God I'm a country boy!"
One of my favorite things to do...
By Tony Sagami On June 17, 201903:50 PM Eastern
I'd love to have lunch with Warren Buffett, but I'm sure not going to pay $4.6 million to do so.
For the last 20 years, he has auctioned off a Power Lunch with Warren Buffett at New York...
By Tony Sagami On June 14, 201908:45 AM Eastern
Recessions? What are those?
According to the U.S. National Bureau of Economic Research, the official statistic arbiter of recessions, our economy hasn't had a recession in 10 years. This ties...
By Tony Sagami On June 10, 201902:40 PM Eastern
John Bogle, the founder of the Vanguard family of funds, was one of the crankiest men I've ever met in the investment business. But he was also a passionate consumer advocate and one of the most...
By Tony Sagami On June 7, 201908:00 AM Eastern
"EBS, or Everything but Bad Stuff."
— Lynn Turner, chief accountant, Securities and Exchange Commission, on modern-day earnings reports
Wall Street accountants can be some of the most...
