Porter & Co.

Latest — May 26, 2023

Why Artificial Intelligence Investors Are Heading For A “Die-Up”

Could you make a fortune buying into the AI boom today? Perhaps. We would rather own a world-beating business in a sector that is uniquely underappreciated by investors. In this issue, we recommend one of the highest-quality businesses ever created.

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Portfolio Update: Four Deeply Distressed Industries to Watch

In our view, the distress ratio is likely to double or triple from its current level by late 2023 or early 2024. And that means a crop of new distressed opportunities will soon arise.

Our New “Rate Cut” Signal Is A Positive for Tech Stocks

The real federal funds rate (interest rates minus CPI) recently turned positive. It should expand more by year’s end. That has historically preceded big rallies in technology stocks.

Why Tesla Is In Deep Trouble

Tesla’s rivals have been investing heavily in their own EV production and are now, for the first time, challenging the company in quality, innovation, and performance. This means that Tesla is now staring down a threat unlike any it has seen before.

Don’t Believe the Fearmongering: Stocks Are Headed Higher

Speculator short positioning in stocks has reached an extreme. They're all piled into the same negative bets. Before long, those same investors will rush for the exit, creating a scramble to buy back stock.

The Buy Signal No One Sees Coming

If the Federal Reserve is ending rate hikes, that means we’re reaching peak interest rates. And if you’re a bond investor, that’s a huge deal… because, if the coupon payment on sovereign debt isn’t going higher, soon you won’t be able to lock in today’s high yield.

A “Gold Digger” That Gets Paid to Do Nothing

Unless central banks and policymakers are willing to deal with a major credit crash, all roads lead back to lower interest rates and more money printing. That’s why we believe now is the time to safeguard your wealth from the demise of fiat currencies with the two ultimate stores of value.

Video Did Not Kill The Radio Star

Our latest addition to the Porter & Co. Distressed Investing portfolio is a bond that is secured by the assets of the largest owner of radio stations in the United States. It’s trading at a 17% discount to its $1,000 face value.

Is Icahn Enterprises a Ponzi Scheme?

Carl Icahn has generated one of the best long-term investment track records in history, but he has also made a lot of powerful enemies over the years. Now the prominent short-selling firm, Hindenburg, is targeting Icahn and his company. Here's why we are keeping IEP in our model portfolio.

The Magic of OPM: Other People’s Money

In 2007, Porter recommended NVR, the pioneer of the "land-lite" homebuilding business model. Investors who followed Porter’s advice posted total returns of 1100%+. Today, we introduce a company that is taking a page out of the NVR playbook and is in the early innings of rapid expansion.