Genearl Motor Puts Looking a Lot Better Now & an Important Correction of a Typo

30 April 2007 - First of all, a quick correction to a typo in a previous blog entry. I mentioned in a previous blog that I was in GM June 25 Puts. That was a typo. I'm in GM June 30 puts. However from the price points I gave in the previous blog of 1.20 … Continue reading Genearl Motor Puts Looking a Lot Better Now & an Important Correction of a Typo

After BAIDU, Possibly Focus Media

29 April 2007 - There’s a technique I call re-visiting the same stock that I’ve used many times to make easy 25% to 50% profits after taking triple-digit profits from the very same stock on my initial position. The way this technique works is that when I think that the stock starts looking toppy and … Continue reading After BAIDU, Possibly Focus Media

50%, 85% & 400% Profits from BIDU May 100 Calls, Still Waiting on GM June 25 Puts, Part II

27 April 2007 - Well today, when BIDU gapped up over 19% to $130 a share, I closed out the remaining BIDU May 100 Calls at 400% profits. Yesterday I took a little bit more off the table at 85% profits, and as you recall, I initially took 50% off the table at 50% profits. … Continue reading 50%, 85% & 400% Profits from BIDU May 100 Calls, Still Waiting on GM June 25 Puts, Part II

Baidu Calls and General Motor Puts- A Couple of Ideas for the Daring

25 April 2007 - Normally I don't speak much of option plays as my investment course, maalamalama, focuses on long term plays that will yield phenomenal gains by identifying low risk- high reward opportunities. Occasionally, I will purchase options merely for the chance of supplementing the total returns of my portfolios when the same low … Continue reading Baidu Calls and General Motor Puts- A Couple of Ideas for the Daring

Update About Our Newsletter

23 April 2007 - Hello, just a quick note today about a change in the format of our newsletter. I noticed that some of you have signed up multiple times for our newsletter, probably thinking that you were not "signed up" when you did not receive your weekly newsletter. Instead of sending out a weekly … Continue reading Update About Our Newsletter

The Emperor’s New Clothes Abound in the Investment Industry, Don’t Get Cheated by Your Advisor

23 April, 2007 - A big story that made the rounds in the financial media last month was Jim Cramer’s (of the Street.com) statement that some hedge fund managers spread false rumors about a company to large trading desks and the media to drive a stock price lower. Many people found this admission shocking, but … Continue reading The Emperor’s New Clothes Abound in the Investment Industry, Don’t Get Cheated by Your Advisor

Use Intelligent Investment Strategies to Push Risk Back Onto Investment Firms, Instead of Vice Versa

20 April 2007 - Today, I'm sitting in for Kaeho, but have decided to keep the Friday theme of Zen and Martial Arts intact. This is perhaps one of the very best times for a blog entry about applying philosophies of Zen and the Art of War to investing. You must avoid the Art of … Continue reading Use Intelligent Investment Strategies to Push Risk Back Onto Investment Firms, Instead of Vice Versa

In Risky Markets, Follow the Behavior of the Ultra-Rich, Not the Rich.

19 April 2007 - Recently, there was an article on CNNMoney that spoke about the “secrets” of the elite rich in the United States. For an article that proclaimed to contain secrets about building wealth, it contained some of the most ridiculous, deceptive statements about building wealth that I've ever read. In turn, several articles … Continue reading In Risky Markets, Follow the Behavior of the Ultra-Rich, Not the Rich.

Why Wealth Literacy is More Important than Financial Literacy, Part II

April 17, 2007 - According to a recent study conducted by Charles Schwab, today’s teenagers in the United States have huge expectations about the type of wealth that they will build as young adults. Of the 1,000 teenagers that participated in the survey, boys on average expected to be earning $173,000 a year while girls … Continue reading Why Wealth Literacy is More Important than Financial Literacy, Part II

Why Wealth Literacy is More Important than Financial Literacy, Part I

April 15, 2007 - Given the demographics of The Underground Investor readers, this next series of blogs are going to be written more for the benefit of our readers that have high-school or college aged children. One of the membership levels, the Level I Membership, of our maalamalama courses focuses on wealth literacy for young … Continue reading Why Wealth Literacy is More Important than Financial Literacy, Part I