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In 1929, Benjamin Graham lost almost everything in the market crash.
Then he developed a formula so powerful, Warren Buffett called him “the smartest man I ever met.”
Here’s Benjamin Graham’s timeless formula for building generational wealth:
This is scary. 😬
KB Homes, a large home builder, just reported a 68% CANCEL RATE.
Meaning that over 2/3 of Homebuyers walked away from their contracts in the quarter. Leaving KB Homes with a massive pile-up of inventory.
Last year the Cancel Rate was only 13%.
Zimbabwe has banned the export of unprocessed raw lithium.
The country has the largest lithium reserves in Africa.
Lithium has surged more than 1,100% in the past two years.
Zimbabwe has banned the export of unprocessed raw lithium.
The country has the largest lithium reserves in Africa.
Lithium has surged more than 1,100% in the past two years.
How do you incubate a mind virus? How do you cause a culture to self-destruct?
In 1984, this KGB defector exposed the secret 4-stage plan used by Soviet intelligence to wage psychological war on American society.
Stage 1: Demoralization. (15-20 years)
"Central banks have lost control of inflation, the government has lost control of the public finance"
Former Governor of the Bank of England Lord Mervyn King says it is "not surprising" that markets responded negatively to the mini-budget
#BBCLauraK https://t.co/MAWzHGrjMQ
"Once inflation goes above 5%, it has never come back down without the Fed Funds Rate exceeding the CPI"
Stanley Druckenmiller
US CPI (inflation) for Sept was 8.2%
This week, Exxon’s market cap exceeded Meta’s for the first time in many years.
That resonates with Putin’s recent speech when he said:
“The economy of imaginary wealth will be inevitably replaced by the economy of real and hard assets”
Do you think this trend will continue?