Bassett Furniture: Potentially A Major Winner Under Trump's Tariff Regime

Core Insights - The article highlights the investment strategies and achievements of Paul Franke, a seasoned investor with 38 years of trading experience, emphasizing his contrarian stock selection style and algorithmic analysis for identifying investment opportunities [1]. Group 1: Investment Strategy - Paul Franke has developed a system called "Victory Formation," which focuses on supply/demand imbalances indicated by specific stock price and volume movements [1]. - The strategy recommends investors maintain a diversified portfolio of at least 50 well-positioned stocks and suggests using 10% or 20% stop-loss levels on individual investments to enhance performance [1]. - The "Bottom Fishing Club" articles target deep-value stocks or those showing significant positive technical momentum reversals [1]. Group 2: Performance and Recognition - Franke was consistently ranked among the top investment advisors nationally during the 1990s and achieved the 1 position in the Motley Fool® CAPS stock picking contest in 2008 and 2009, out of over 60,000 portfolios [1]. - As of September 2024, he is ranked in the Top 3% of bloggers by TipRanks® for 12-month stock picking performance based on suggestions made over the last decade [1]. Group 3: Market Analysis - The "Volume Breakout Report" articles focus on identifying positive trend changes supported by strong price and volume trading actions, indicating potential investment opportunities [1].