What a move in gold. Extending losses after its steepest sell off in over a decade. The precious metals record run before yesterday sparking concern at a US debasement trade.Jane Foley of Rabobank debunking that theory writing debasement would imply a move away from the dollar and the US treasuries into assets such as gold. And there is very little evidence to back up these flows. James joins us now for more.Jim, welcome to the program. It's been a really curious year because the narrative around foreign ex ...

I have been working in the logistics sector for almost two decades. I have been into stock investing and macroeconomic analysis for almost a decade. Currently, I focus on ASEAN and NYSE/NASDAQ Stocks, particularly in banks, telco, logistics, and hotels. Since 2014, I have been trading on the PH stock market. I focus on banking, telco, and retail sectors. A colleague encouraged me to engage in the stock market as part of my portfolio diversification instead of putting all my savings in banks and properties. ...

Core Insights - In the current unpredictable market, there are identifiable signs indicating whether an investment decision is sound, even during market downturns [1][2]. Group 1: Investment Rationale - The rationale behind purchasing a stock is crucial; a good investment is characterized by thorough research, belief in the company, and understanding of its business model [3]. - Long-term growth should be the focus; investments should be made with a time horizon of five, ten, or twenty years, making short-term market fluctuations less significant [4]. Group 2: Company Fundamentals - Strong company fundamentals are essential; a stock remains a good investment if the company shows resilience and growth in earnings, despite price dips [5]. - A willingness to buy more shares if the price drops indicates conviction in the investment [5]. Group 3: Portfolio Management - A diversified investment portfolio is necessary; no single stock should dominate the portfolio, allowing for flexibility during market volatility [6].

Core Insights - The rare earths industry is experiencing significant growth, with stocks of companies like Arafura Rare Earths, Lynas Rare Earths, and MP Materials more than doubling this year, driven by demand from various sectors including AI and renewable energy [1][2] - A recent agreement between the US and Australia to invest $3 billion into the rare earths sector, along with the US government's pledge to ban certain Chinese metal sourcing by 2027, is prompting a shift in investment strategies away from Chinese supply chains [2] - ETFs focused on rare earths have seen substantial inflows, with VanEck's REMX ETF up 85% year-to-date, indicating strong investor interest and performance in this sector [4] Investment Trends - The demand for rare earths is bolstered by their critical role in technology and infrastructure, particularly in AI and data centers, suggesting a sustained growth trajectory for the industry [2] - The diversification of supply chains away from China is becoming increasingly important, as nearly 100% of heavy rare earth elements are currently processed in China, creating vulnerabilities for US military and technological needs [2] - Rare earths are being positioned as a complementary asset class in investment portfolios, similar to gold and silver, providing potential for strong returns when other investments are underperforming [3] ETF Performance - VanEck's Rare Earth and Strategic Metals ETF (REMX) has increased by 85% year-to-date, reflecting the strong performance of the sector [4] - Amplify ETFs' Lithium & Battery Technology ETF (BATT) is up 48% year-to-date, indicating robust demand for battery-related materials [4] - The iShares MSCI Global Metals & Mining Producers ETF (PICK) has risen by 34% year-to-date, showcasing the overall positive trend in the mining and production sectors [4]

Group 1 - Gold is highlighted as a significant investment due to its diversification benefits and potential to reduce portfolio drawdowns [1] - The author has a background in luxury real estate auctions and has been studying stock investing since a young age, focusing on analyzing various investments [1] - The primary investment strategy involves purchasing income investments and using the generated income to acquire undervalued stocks with long-term growth potential, particularly in sports, real estate, and technology sectors [1]

Core Insights - Berkshire Hathaway has a "secret portfolio" managed by New England Asset Management (NEAM), with a portfolio value of approximately $647 billion and potential holdings of $5.9 billion [1][2]. Group 1: NEAM Overview - NEAM is an asset management arm for insurance businesses acquired by Berkshire Hathaway, focusing on smaller, income-oriented stock holdings compared to Berkshire's main portfolio [2][3]. - The firm invests primarily in business development companies (BDCs), which lend money to small to mid-sized businesses that may not seek traditional bank funding [4][5]. Group 2: Investment Characteristics - NEAM's portfolio includes notable BDCs such as Ares Capital (ARCC), BlackRock TCP Capital (TCPC), and Golub Capital BDC, which offer yields of 9.66%, regular quarterly dividends, and 11.1% respectively [6][8]. - The portfolio also contains more stable investments like Realty Income Corp (yielding about 5.4%), Kinder Morgan (yielding approximately 4.28%), and the Vanguard High Dividend Yield ETF [8]. Group 3: Investment Strategy - The "secret portfolio" reflects a balance between long-term growth and steady cash flow, indicating a diversified investment strategy [6][7].

Core Insights - Many investors aspire to replicate Warren Buffett's investment strategy, which has made him one of the wealthiest individuals globally through value investing and significant wealth creation for Berkshire Hathaway shareholders [1] Group 1: Building a Buffett-Inspired Portfolio - Focus on competitive advantages, valuation, and limited diversification to create a portfolio similar to Buffett's, starting with as little as $500 [2] - Competitive advantages, or moats, are essential for long-term investments, as seen in Buffett's investment in Coca-Cola, which benefits from branding, scale, and distribution [3][4] Group 2: Valuation Principles - Buffett typically seeks to buy stocks at a price-to-earnings (P/E) ratio between 5 and 15, providing a margin of safety [6] - An example is Buffett's initial investment in Apple, which had a P/E ratio of 10 to 15 ten years ago, compared to its current P/E ratio nearing 40, illustrating the importance of valuation in stock performance [7] Group 3: Investment Strategy - Emphasizing competitive advantages and valuation is crucial, while maintaining a balanced approach to portfolio diversification [8]

Core Insights - The recent performance of silver has been noteworthy, with a significant year-to-date increase of 61.39% as of September 30, marking the highest prices in over 15 years [2][3] - Silver is highlighted as a valuable addition to investment portfolios, offering diversification benefits, especially when combined with gold and gold mining equities [2][3] Silver's Performance and Potential - Silver's price increase is attributed to chronic underinvestment and supply deficits, alongside its dual role as both a monetary and industrial metal [3] - The potential for silver to catch up in value is emphasized, suggesting that disciplined management and improved balance sheets in gold miners position them favorably compared to previous cycles [3] Investment Vehicles - The Sprott Silver Miners & Physical Silver ETF (SLVR) has shown strong performance, with a net asset value (NAV) increase of 48.97% over the last three months as of September 30 [4] - The Sprott Active Gold & Silver Miners ETF (GBUG) has also performed well, with a NAV increase of 48% over the same period, providing exposure to both gold and silver miners [5]

Core Insights - Incyte (INCY) has demonstrated strong performance year-to-date, driven by better-than-expected quarterly results and positive updates regarding its pipeline and regulatory approvals [1] Group 1: Drug Performance - Incyte's lead drug, Jakafi, is a JAK1/JAK2 inhibitor approved for multiple indications, including polycythemia vera and myelofibrosis, with strong sales momentum expected to continue [2][3] - The FDA's approval of Opzelura, a cream formulation of ruxolitinib for atopic dermatitis, has significantly boosted Incyte's revenue, with strong uptake driven by increased patient demand [4][5] - Jakafi continues to drive Incyte's revenues with solid sales across all approved uses, while Opzelura's label expansion enhances top-line growth [9] Group 2: Pipeline and Regulatory Updates - Incyte's efforts to diversify its portfolio with new drugs like Pemazyre, Monjuvi, and Tabrecta are contributing to top-line growth [6] - Monjuvi has received new approvals for treating relapsed or refractory follicular lymphoma, which is expected to enhance its sales [7][8] - The FDA approved a label expansion for Zynyz, a PD-1 inhibitor, for advanced squamous cell carcinoma, further strengthening Incyte's oncology portfolio [10] Group 3: Collaborations and Future Prospects - Incyte's collaboration with Qiagen aims to develop a novel diagnostic panel for myeloproliferative neoplasms, which could support its pipeline of investigational treatments [11][12] - The company is looking to diversify and strengthen its portfolio under new leadership, with potential label expansions and new drug launches expected to generate incremental revenues [13]

Core Insights - The article discusses the feasibility of turning $1.8 million into $5 million by age 50 through strategic investments and contributions to retirement funds [3][4][7]. Investment Strategy - Investing in an S&P 500 index fund, which has historically provided an average annual return of approximately 10% since 1928, is suggested as a starting point [3][6]. - To reach the $5 million goal by age 50, an annual contribution of $100,000 is required alongside the 10% return, which may not be feasible for most individuals [4][5]. Alternative Scenarios - If the annual contribution is reduced to $50,000, the projected total at age 50 would be $4.4 million, necessitating a higher average annual return of 11.8% to meet the $5 million target [5][6]. - Achieving an 11.8% return could involve investing in riskier assets, such as small-cap stocks, which have historically returned 11.7% annually [6]. Realistic Goals - A more attainable approach would be to aim for retirement at age 54 or 55, with an average annual return of 8% and a contribution of $20,000, resulting in approximately $5.3 million by age 55 [7][9]. - A detailed table illustrates the growth of savings over the years, showing how contributions and market gains accumulate [9][10].