I’m back!

I know it has been quite a while.  I have spoken to Mark about posting and creating new “funds” for you review and comment.  I will be preparing them over the weekend of October 11-12 and post on Monday, October 13th.  Be sure to check back then! read more

Mark Chaikin on NVDA and ANET

Chaikin has a Q&A coming in August.  I sent him a question on how he scared people out of NVDA because hedge fund managers were dumping their shares.  He told people to buy ANET instead. We know how that pick turned out.  I kept my small position in NVDA, but I did buy ANET, much to my chagrin.  Chaikin is more in the business of pushing high priced services instead of real advice (I have said “no thank you” many times to him!).    I still have ANET, and it will probably perform, but I just had to hold Chaikin’s feet to the fire on an incredibly bad call on NVDA. read more

Tariffs and China…

I have been thinking about the tariffs and their effects on the economy. They never should have been necessary. I think the decline of US manufacturing started when Nixon went to China. I think he should have left them alone to wither on the vine of communism. Then in the eighties, we actually gave Most Favorite Nation status to China! I remember at the time saying WTF they are communists! The final nail in the coffin was started under Clinton and completed by Bush when China joined the World Trade Organization (WTO)! Everyone at the time, said, oh wow, American companies now have a billion customers! No! The Chinese were playing chess while we were playing checkers. They ramped up manufacturing and sold us everything from T-shirts to TVs – even medicines. They are selling us the rope to hang ourselves.  Was this all worth it to get cheap stuff at Walmart?  I don’t think so.   read more