Trading Strategies

Don’t get me wrong: I’m a big fan of what Tesla has accomplished. But when you have a stock that’s overvalued as much as Tesla is, you want to be careful.

Companies that have larger book values than the current prices of their stocks have been a great set of companies to own going back to the late ‘80s.

Gambling on whether a company’s stock will soar or fall on one single day works sometimes, but recently, I figured out the best way to play earnings season.

The bottom line is, are we making money? Not how well-thought-out or well-researched a trading strategy is, but is it making money?

Price is what matters. A prime example of this played out in the public’s eye recently, as Bill Ackman, a famed activist investor, failed miserably.