Pyramid Averaging

Say you identify a stock on the basis of a bullish chart pattern and are certain of an upside target. The downside, however, remains either at less than optimal levels or is equal to the upside potential. Should you miss an opportunity just because the risk reward ratio is fairly balanced? We think not. We … Read morePyramid Averaging

The Howard Hughes Tax Dodge

The Late Business Tycoon and billionaire Howard Hughes may be best remembered for producing the most expensive Hollywood film of it day (Hell’s Angels, 1930), flying around the world in record time (1938), his affair with Katharine Hepburn (1939) and building the largest airplane in history, the H-4 Hercules “Spruce Goose” (1947). Or for his … Read moreThe Howard Hughes Tax Dodge