Kamis, 30 September 2021

Must Read: Meet the Master of “Global Macro” Investing

I have loved math my entire life, so it should come as no surprise that math is at the heart of my investment thesis.
Louis Navelliers Market 360

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Meet the Master of "Global Macro" Investing

Louis Navellier
Louis Navellier

Longtime readers know that I am a numbers guy. I have loved math my entire life, so it should come as no surprise that math is at the heart of my investment thesis. I’m only interested in a company that has growing sales and earnings and can prove that it will continue to grow over the long term.

In my 40-plus years of experience, when a company can consistently grow its sales and earnings, its stock price will climb higher, too.

The bottom line: I’m a “quant” guy.

But the reality is that there are many different types of investment strategies. One such strategy is the “global macro” approach. This is when you analyze the macroeconomic trends throughout the world and try to uncover major investment trends. Then you dig deeper to find the most innovative, fastest growing companies operating within those trends.

This is the strategy my InvestorPlace colleague Eric Fry uses, and it’s one that’s led to a very successful career.

While Eric and I have different investment philosophies, we use a similar tactic to help our members earn their biggest gains. We’ll talk about this tactic in our upcoming Escape Velocity Event next Tuesday, Oct. 5, at 7 p.m. Eastern – and how you can use it, too.

Before Eric and I sit down for the Escape Velocity Event, you probably want to know a little more about him… and his global macro strategy.

More importantly, you want to know how he uses it to dig up some of the most amazing trades I’ve ever seen.

Let’s take a look…

A Few Interesting Turns to Success

Eric has spent just about all of his more than 30-year career in investing.

But it took a few turns to get there.

He didn’t come out of Harvard Business School.

And he didn’t start his career at Goldman Sachs or one of the other big firms.

Instead, he graduated with a comparative literature degree from UCLA.

As you might expect from someone with a comparative literature degree, instead of heading to Wall Street, Eric got started at a beachfront restaurant in Malibu, and then at the Hard Rock Cafe in Beverly Hills.

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But during his restaurant days, he started studying the markets – and developed the global macro strategy that helped him launch a 30-year investment career.

Soon, Eric was professionally analyzing investments in Monte Carlo. He then spent seven years as a hedge fund analyst/manager in San Francisco and New York.

Along the way, in order to pursue his global macro style, Eric produced his first book. International Investing With ADRs: Your Passport to Profits Worldwide, published in 1994, was the first comprehensive guide to investing in foreign companies using American depository receipts.

About 10 years into his career, while still in New York, Eric joined the Wall Street-based publishing operations of James Grant, editor of the prestigious Grant’s Interest Rate Observer. Working alongside Grant, Eric produced Grant’s International, before starting his own boutique firm, Apogee Research, where he produced research products geared toward professional money managers.

Eventually, Eric moved on and started working with Bill Bonner, another legend in the financial research business. Bonner is the majority owner of Agora, one of the largest independent research outfits in the world. Together, they wrote some of the most widely read (and profitable) financial analysis in the world.

Along the way, Eric’s views and investment insights have appeared in numerous publications including TimeBarron’sThe Wall Street JournalInternational Herald TribuneBloomberg BusinessweekUSA TodayLos Angeles Times, and Money.

Eric is known for his extraordinary long-term track record, which includes numerous “10-bagger” calls, like buying Asian stocks during the depths of the late-’90s currency crisis… buying Russian stocks during its debt-currency crisis… buying commodities in the early 2000s, right before their historic rally into 2007… and buying stocks in 2015 that would benefit from the electric vehicle boom, just as they were gaining big momentum.

Eric’s record on the short side of the market is just as remarkable. He’s known for successfully shorting numerous technology names in 2000 and 2001, as those stocks sputtered toward bankruptcy… and for his predictions in 2005 and 2006 that the housing boom would go bust and drive government mortgage firms Fannie Mae and Freddie Mac into bankruptcy.

In 2016, he won the Portfolios With Purpose stock-picking contest – Wall Street’s most prestigious investment competition – beating 650 of the biggest names in finance with a 12-month return of 153%.

So, when the opportunity came to put our heads together and combine my quant approach with his global macro approach for a very special project, I jumped at the chance.

Eric and I will tell you all about this special project next Tuesday, Oct. 5, at 7 p.m. Eastern, during our Escape Velocity Event. We’ll share how our strategies, when combined, can create powerful gains. If you’re interested, click here now to reserve your spot. You don’t want to miss out!

Sincerely,

Signed:
Louis Navellier

The Editor hereby discloses that as of the date of this email, the Editor, directly or indirectly, owns the following securities that are the subject of the commentary, analysis, opinions, advice, or recommendations in, or which are otherwise mentioned in, the essay set forth below:


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