Category Archives for Independent Thinking
Yesterday I published a Father’s Day tribute to my dad, Richard Kaufman, for Forbes.com. It’s certainly the most personal and emotional article I’ve written, as well as the hardest to write. I think you’ll find his story compelling and inspiring. What’s even more valuable in this article, though, are the investing lessons he taught me, some of which I’m sharing now with you. My dad had a singular focus to become a great investor in order to improve his station in life. He believed that anyone with the passion and…
We are saddened to announce that our founder and inspiration, Richard H. Kaufman, passed away on January 24th, 2020, surrounded by his loving family. Richard personified the American Dream. He was born into a struggling family in Brooklyn in 1947 and at the age of seven, lost his father suddenly. Richard was determined to make a better life for himself and as a child, spent weekends wrapped up in books at the Brooklyn Public Library. He attended Brooklyn Technical High School and was the first member of his…
Happy Holidays! Warren Buffett once said, “read 500 pages like this every day. That’s how knowledge works. It builds up, like compound interest.” Here’s my end of year list of the top money & investing books published in 2018 for Forbes, including books by Tony Robbins, Danielle Town, David Bach and Howard Marks. Click the link below to read: The 7 Best Money & Investing Books Of 2018 Share This With A Friend:
I wrote about Apple earnings in my latest article for Forbes. Though the stock is down today, click below to read why I’m not concerned about the company’s long-term growth prospects: “If You Are Selling Apple Shares Today, Apple Will Probably Be Buying Them” The stock is currently trading below 5%, but American Dream Investing’s members received trade alerts when we bought it last night and this morning while it was down around 7% and 6%, respectively. Share This With A Friend:
Jeffrey Gundlach, “The Bond King,” rarely gives print interviews anymore but current market conditions must have encouraged him to share his thoughts with me. Though we concentrate our portfolio in stocks at American Dream Investing, Gundlach’s broad-based knowledge is certainly applicable for all kinds of investments. His investing advice and book recommendation at the end of the article are highly relevant to stock investors. I welcomed the opportunity to ask him about the process he goes through when analyzing an investment opportunity as well as his best investing advice. His…
Our Members are well aware that one of the keys to our investing success is that we don’t diversify our portfolio. We believe in highly concentrated positions, which has helped contribute to our long-term track record of beating the market (16.08% annual returns over the last 10 years, compared to 10.17% for the S&P 500). With that in mind, we found that some of the best investors share our belief in a concentrated portfolio. We published their thoughts in our latest article for Forbes and included some great quotes, including…
We’re proud to announce that “Why Are Analysts Almost Always Wrong About Apple?,” our latest article for Forbes, was selected as an “Editor’s Pick.” Despite having access to the most expensive algorithms and predictive models, analysts consistently miss the mark with their predictions. Yet when they publish their reports or appear on CNBC, they can dramatically affect a stock’s price, for better or worse. Prior to Apple’s most recent earnings report, analysts from Morgan Stanley and Bernstein painted doomsday scenarios: the iPhone X was a dud, they weren’t selling enough…