I joined CNBC’s Bernie Lo to discuss Apple (AAPL) and IBM’s (IBM) announcement that they would be joining forces in the enterprise space. What does this move mean for Apple and its competitors?
Before I get started in today's update, I want to thank you for being a reader. It has been a pleasure to write Macro Trend Investor and to share my best investment ideas with you. But as I explained in yesterday's letter, I needed to shift my resources to focus on my private wealth management practice. I'm leaving you in good hands with Richard Band. Richard has been in the business a long time—he's been writing Profitable Investing since 1990—and he, like myself, takes a balanced approach to investing, taking moderate risk when the odds are in your favor. You'll find that Richard and I actually already have a few picks in common. I've shared my thoughts with Richard, and he'll offer his own guidance as to how to invest going forward. But today, I'd like to give you my parting recommendations. I'll go through the portfolio stock by stock, starting with our position in mortgage REITs.
As we enter September, you’re going to hear the usual dire warnings of crashes; after all, historically most of the worst market crashes have happened in September and October. In this issue, I'll give you the real story on seasonal patterns and so-called recurring patterns. Next, we'll look at new data from Meb Faber about global stock market valuations. Finally, I've got two new portfolio recommendations for you in the energy sector, plus updates on a couple of our foreign stocks.
About Charles Sizemore
Charles Lewis Sizemore, CFA, founder and editor of Macro Trend Investor, is dedicated to finding superior investments backed by powerful macro trends—before you hear about them on the nightly news or read about them in the newspaper or on the Internet. He has been a repeat guest on Bloomberg TV and Fox Business News, has been quoted in Barron’s Magazine, The Wall Street Journal and The Washington Post and is a frequent contributor to Forbes Moneybuilder and InvestorPlace.com.