Dear Reader,
This weekend everyone asked me, “are you buying stocks? Are you buying stocks? Are you buying stocks? What are you buying?”
Here’s what I told them…
Here’s a big lesson I learned after 9/11, from Warren Buffett.
If you’ve been around awhile you know I was there on 9/11...
I watched the towers come down from 150 yards away.
I was one of those people running down the street to escape, covered in soot.
It was very scary, obviously.
They closed the stock exchange down for a week.
I remember the day before they were going to open the stock exchange again, 60 Minutes interviewed the titans of American business – Hank Greenberg who used to run AIG, Dick Grasso who ran the stock exchange at the time, Jamie Dimon and Warren Buffett.
The interviewer asks, “Are you still bullish on America? Are you going to buy stocks?”
And of course, the aim is to instill confidence so people don’t panic and lose their minds.
So, Jamie Dimon says, absolutely, I’m going to buy stocks, I’m bullish on America.
Hank Greenberg says, America’s great, absolutely, we’re going to come straight back.
Dick Grasso says, prices are cheap, everything’s going to work out.
So everybody’s bullish, everybody’s saying “yes, we’re going to buy stocks, America’s great, buy stocks when we open the New York Stock Exchange Monday, things are going to be killer.”
And when she gets to Warren Buffett she says, are you going to buy stocks on Monday?
And he goes, I don’t know. Depends if they get cheap enough.
I was 28 at the time and remember thinking to myself, what an interesting answer.
He wasn’t thinking about a patriotic response…
He wasn’t thinking about making anybody happy…
He was simply thinking about the math of stock prices.
If prices get cheap enough, I’ll buy stocks.
Let me tell you something…
Right now, people are asking me every day, readers, friends, family…
Are you buying stocks?
Well, prices just aren’t cheap enough for me yet, okay?
They’re just not cheap enough.
The way I look at this market, we’re in a transition…
Right now, stock prices are data- and event-driven.
China and Trump are escalating this trade war.
It could end in a day, or escalate even more.
The tax cuts passing is a bullish argument…
The AI revolution happening right now is bullish…
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NVIDIA CEO: “This Will Be a Multi-Trillion-Dollar Industry”
NVIDIA’s latest AI breakthrough is a “$24 trillion opportunity”, according to Forbes…
It’s already handed private investors the chance at 10X… 11X… even 50X gains…
But most Americans are missing out.
That’s why we’re going LIVE on Wednesday, April 16th, at 1:00pm Eastern.
We’ll talk about two of NVIDIA’s “Silent Partners” that could turn $750 into a retirement windfall this year.
There’s still time to get in pre-IPO. But both deals close just days from now.
Click here to RSVP.
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But it’s a split screen…
We have bad news and good news in a constant stream. The market could swing either way from here, and stocks just aren’t “blood in the streets” cheap.
Frankly, the public stock market is just crazy volatile right now.
The private market, however, is a whole different world and experience altogether.
It used to be illegal for non-accredited investors, basically 90% of Americans, to invest in this market till recently.
But a law change allows anyone to invest without special requirements and with just a few hundred dollars.
And there are two private companies I’m really excited to share with you.
Because as I talked about yesterday, we have ChatGPT-type AI basically moving from your computer and jumping out into the real world.
The biggest ROI places for that first is in factories and AI robotics.
The opportunity is mind-boggling.
So I’m meeting with readers LIVE this week, Wednesday, April 16th at 1:00pm eastern for a deep-dive on the AI robotics revolution already happening, the tech leading the way and the tiny, private companies involved.
I hope you’ll join me.
All you have to do to be invited is click here to register for free.
One of the companies I’ll tell you about was founded by some MIT geeks, and MIT’s VC fund invested in it.
Also a big name VC that backed Uber is backing this company, too.
And the U.S. military invested.
It’s really got a lot of “smart money” behind it.
They invented and patented a very sophisticated system that replaces hydraulics, which is a gamechanger for advanced robots.
We’re also talking about a second robotics company that Nvidia is already partnering with…
And private companies that partner with Nvidia have tended to go public and deliver windfalls for pre-IPO investors.
We’ll show you recent examples and all our research so you can see what’s at stake here.
We’re really excited about this.
Again, bottom line here is that we have a split-screen in America…
Public market prices haven’t gotten cheap enough yet, because the market can swing either way.
It depends how things evolve. News is going to drive public market stock prices more than anything.
So I’m in wait-and-see mode.
But in the private market, there are some exciting opportunities right now.
I’d like to hear your thoughts, and hope to see you Wednesday at 1:00pm eastern.
Click here to register to join our talk: “Nvidia’s $20 Trillion Bet.”
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