Good morning. In 2021, Facebook moved away from being a social media company and towards what it thought was the next generation of technology. They even renamed the company Meta Platforms (META), reflecting the company’s new focus on the metaverse.
Billions of dollars later, there isn’t much to show for that. Now, Meta is building its own AI model, which the company thinks could challenge that of OpenAI with a more powerful version. Meta even claims it will be open-source, making it easier for developers.
If this is anything like Facebook’s pivot to the metaverse, it may be a sign that the initial AI mania is starting to peak. Investors may want to look at parts of the market that haven’t taken off instead. And traders may want to look for opportunities to profit from declining AI company shares in the months ahead.
Now here’s the rest of the news:
Analyst Surprised By Manufacturing Slowdown Data
U.S. manufacturers reported that business activity declined for the 10th month running in August, though declines are becoming less widespread implying the trough in the cycle may be approaching. The Institute for Supply Management’s purchasing managers… [Read Here]
September 12, 2022
Right now, investors are facing a perfect storm for traditional investments. Rising interest rates cause bond yields to rise. But that also means that the prices of bonds fall. And rising interest rates impair a company’s ability to raise capital at a reasonable price, so they cut back on expansion plans. That tends to result in falling stock prices.
That’s why a number of wealthy investors and fund managers are looking elsewhere for returns. The past few years has been good for real estate, notably in the Sunbelt states. That trend looks likely to continue. Billionaire fund manager Kyle Bass has started to outline his case for investing in Texas land as an asset class, given the area’s population growth, job diversity, and centralized location.
No doubt other such investments capable of performing well exist right now for long-term investors to find. For traders, however, markets will continue to remain volatile, offering short-term opportunities both long and short individual stocks.
Now here’s the rest of the news:
Proof that Precious Metals Are the Best Hedges
The bear market is teaching some and reminding others about the importance of diversifying your savings. It’s something that gold investors know all too well. In reality, stocks and bonds are… [Read Here]
September 12, 2021
Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday. A collection of the weeks videos from Darren Hardy. Enjoy!
Describing its beauty!!! Fishing boats on the River Gwaun at Lower Town in Fishguard on the Pembrokeshire coast in Wales,U.K.
It doesn’t matter how you get there … only that you come to visit!
September 12, 2020
This year has definitely been one for the books.
Between the “illness”, unrest, and just general uncertainty 2020 can move anytime!
But, you know what really helps me when things get super overwhelming?
Staying focused on the things that are right in front of me that I am so incredibly grateful for. And what I’m really grateful for this year is you.
Taking this journey with me and being part of my community is the single greatest gift you could give me.
This weekend, we experienced a cold-snap going through our region. As a precaution, I brought our outdoor greenhouse indoors. I have really enjoyed growing a variety of plants and vegetables. There-is-something about growing things from the smallest of seeds to the harvest.
I got off to a late start this year: so much of my harvest never happened. I planted pole beans where peas should have been located. I kept the tomato plants out during a hail storm, and I left the planting of lettuce, carrots, and beets too late in the season. The sun and warmer weather will return… and the greenhouse and its plants will be put back outside for a few more days!
Next year we’ll be back… better prepared; with seedlings not seeds, with reinforced structures, proper bean poles and meshing for our peas, with protection in place from critters, insects, and the elements.
I’m reminded of this message:
“One way of motivation is to make sure someone’s expectations are higher than what they have today.
If they expect more, they will be internally motivated to fix it.”
Thank You Again for being on this journey with me!
September 12, 2019
So far in 2019 we’ve lost businessmen like Lee Iacocca, Ross Perot, and now,T. Boone Pickens. Part of that generation of wildcat oilman, Pickens had an investment philosophy of helping undervalued names to replenish the reserves of his oil company. This policy led to him being dubbed a corporate raider, although he was really only leading a much-overdue consolidation of barely profitable oil names.
In later years, he turned towards investments in wind and natural gas, and away from oil. The age of the maverick businessman willing to try new investments and go against the grain won’t be the same again.
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Great mentor of mine, Darren Hardy shared this video message last week. I’ll share it with you now…
“Whatever you hold in your mind on a consistent basis is exactly what you will experience in your life.”
Wasn’t that just what we needed at this precise moment? 😉
September 12, 2018
The message below comes from our friends at The Near Future Report. The content may not necessarily reflect our views, however we think you’ll be interested in what they have to say.
Dave Roberts, Publisher of Energy and Capital
You see, while people were wowed by Bitcoin last October … Amazon quietly registered two website domains. And I believe the reason they it is because…
Amazon is on the verge of releasing its own cryptocurrency.
This could happen tomorrow… It could happen next week… or it might not happen for a couple more months. But rest assured… Amazon Coin is coming out before the end of 2018.
[Thought that was news-worthy enough to share immediately!]
P.S. “Out-of-the-water!” What a difference a year makes. Last year at this time, our family was enjoying a visit to the Maritimes.
September 12, 2017
If you count the Friday, the 1st day of September, is Day #1 of our vacation in the maritimes — then today would be the twelfth day! We started the day waking in the Rodd Moncton, NB. We don’t have a heavy driving day today! So there was no rush in getting our continental breakfast, taking the luggage into the lobby, and checking out. Once in the car, the ladies decided that just by the Walmart, where we needed supplies: water, sweets & ice — we would be right-next-door to Pandora. We all know what Pandora is — and the prices in Canada are “so reasonable!” ‘Eh’
You stop on what looks like a “downward slope” while in your vehicle — you’re told to put the car in “neutral“ and take your foot off the brake. You expect the car to roll forward “down” the hill — when in fact it rolls backwards “UP” the hill. It is ALL an optical illusion that is quite a bit of fun!! Above Magnetic Hill and a better view of things … Below is where a geocache was hidden.
Some great geocaching “here abouts!” Look in the tree to the right for a clue. We were able to stop for lunch at the DQ — there just so-happened to be a geocache close by.