“The last time the “Chairman” of GM started writing his letters GM went bankrupt within 2 years. Yet GM is currently the most widely owned stock by hedge funds. The real “Chairman” is actually the founder of probably the most successful independent investment analysis company in the world – Porter Stansberry.”
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Tax-Efficient Investing: How the Right Strategy Saves You Hundreds of Thousands
Effective compounding and tax minimization are not competing goals. They reinforce each other. The discipline that drives superior long-term compounding uses aggressive risk management to minimize drawdowns and so also
