Kris’ note: In today’s Dispatch we thought we’d share with you an excellent investing insight from our friend Teeka Tiwari at Palm Beach Daily. In the following essay, Teeka reveals one of his key investing lessons. It’s an idea we wholeheartedly support at Casey Research.
Too often, folks are reactive when it comes to investing. They wait for good news to break before investing… for stories to make it to the front page of The New York Times. But that’s the wrong approach.
If Teeka had taken that approach, there’s no way he would have uncovered what he calls his “trillion-dollar trades.” Over the past 30 years, he’s uncovered two of these remarkable events… and now he’s found a third that stands to be just as lucrative (perhaps more so) as the first two. To get full details on what it’s all about, just go right here now.
By Teeka Tiwari, editor, Palm Beach Daily
Be early. And be right.
It’s a simple lesson that’s made me money across many asset classes and industries.
And like many of life’s lessons, it’s one I had to learn the hard way…
When I was a young investor on Wall Street, I made my fair share of mistakes. And one of the costliest was not having the courage of my convictions.
In the 1980s, the biomedical industry was undergoing a revolution. It had developed a new therapy using a technology called recombinant DNA.
Today, this technology treats dozens of illnesses… from chronic psoriasis to anemia.
Back in the 1980s, the early leader in this space was a then-small company called Amgen. It had been on my radar for some time.
But the crazy thing about recombinant DNA is it comes from hamster ovary cells. And I just couldn’t wrap my head around this idea of hamster DNA. It sounded insane.
While my research was telling me this was a massive trend in the making and Amgen was the right play… my emotions got the best of me. So I passed.
In 1984, Amgen had a market cap of $46 million. Today, it’s $139 billion.
That’s a 300,000% increase – enough to turn every $1,000 into more than $3 million.
Looking back, Amgen was a no-brainer. I was early, and I was wrong because I didn’t buy a single share of stock…
I didn’t have the fortitude to follow my research. So I missed out on a fortune.
It was a hard pill to swallow. But I used this lesson to find my first $1 trillion trade.
My First Trillion-Dollar Trade
If you want to make life-changing gains in the market, you need to do two things:
Find a massive trend early.
Develop a network of industry experts that can help guide you into the right companies riding that trend.
That’s my playbook for being early and right.
And that’s how I found my first $1 trillion trade: Apple.
In 2003, Apple’s most important product was the iPod. It was a smash hit. I owned one… my wife owned one… and so did all three of my children. We loved the iPod.
I recognized the iPod as the most transformational music device since the Sony Walkman of the 1980s.
At around that time, Apple was having financial problems. Even with the success of the iPod, the company was still struggling. The problem was that only people with an Apple computer could use it.
So the addressable market was just about 3% of computer users.
I knew the iPod was the beginning of something huge, but it wasn’t until I spoke with several experts that I discovered why I had to get my clients into Apple right away.
They pointed out that Apple was working on a personal computer (PC)-compatible version of the iPod. And PC users made up the other 97% of the market.
It was that combination of a massive trend (digital music player adoption) – and the industry insider insight (a PC version of the iPod on the way) – that made buying Apple an easy decision.
I was early in a massive trend. And thanks to my industry insiders, I had found the right company to take advantage of it.
It was a no-brainer that PC users would fall in love with iPods – just as Apple users had.
But here’s the thing…
Many of my clients were uncomfortable with buying Apple.
On March 19, 2003, Steve Jobs – the guy brought in to rescue the company – disposed of 27.5 million shares via his stock options.
He would eventually sell a total of 55 million shares (via stock options sales to Apple) that year for an average price of $1.36 per share.
You can imagine the angry calls I got at the time…
While I was buying Apple, Jobs was dumping millions of dollars’ worth of stock…
But this time, I stuck to my guns. I knew I was early… and I knew I was right. I didn’t know why Jobs was selling his stock, but I knew he was wrong. As you can imagine, that was a tough sell to my clients.
I had to drag my clients kicking and screaming into Apple. But those who stuck with me made a bundle.
By 2004, Apple’s stock had doubled… And the company was well on its way to becoming the tech juggernaut we all know today.
Since the lows of 2003, shares have gone from a split-adjusted 23 cents to $143. And today, Apple’s market cap is $2.2 trillion.
My Second Trillion-Dollar Trade
I used the same simple lesson again in 2016 when I recommended bitcoin at about $400.
I knew we were still in the early stages of the massive cryptocurrency trend. And my network of crypto insiders had convinced me that bitcoin would grab the most value.
You can’t even begin to fathom the flack and ridicule I took for recommending bitcoin.
People accused me of pushing “magic internet money.” They said only terrorists and criminals used bitcoin. Even JPMorgan CEO Jamie Dimon called bitcoin a “fraud.”
My publisher thought I was insane. They were uncomfortable with the idea.
But I followed my research, and I trusted my network of industry insiders. I understood crypto would go from a small market of a few million users… to a massive market of hundreds of millions within a few years.
And bitcoin was the right crypto to own to play this trend.
Time has proven me correct again. Earlier this year, bitcoin was the first crypto to hit a $1 trillion market cap.
And those who had the courage to follow my research have seen peak gains of 15,055% in bitcoin… That’s enough to turn every $1,000 into $151,549.
My Third Trillion-Dollar Trade
Here’s why I’m telling you all this…
Recently, I unearthed what I believe will be the third $1 trillion trade of my 30-year career in investing.
It’s a massive trend in its early stages… and it’s a trillion-dollar trend I believe will make early investors life-changing returns just like Apple and bitcoin did.
To bring this idea to you, I’ve partnered with the world’s leading expert in the space. A man that athletes, movie stars, world-class doctors, and even Oprah Winfrey rely on as the most trusted source of information in this emerging trillion-dollar trend.
Over the next 18 months, I believe a handful of companies he’s advised me on could pull forward a century’s worth of stock market gains.
Now, I want to warn you: Just like Apple in 2003 and bitcoin in 2016, this idea will make you uncomfortable. You’ll want to reject it when you hear it. And I won’t blame you.
The thing is, for most people, buying into a new idea is always uncomfortable…
But if you have the courage to follow my research – like my clients who bought Apple in 2013… and my subscribers who bought bitcoin in 2016 – I believe you’ll have the chance to capture 100 years’ worth of stock market gains over the next 18 months.
That’s why on Thursday, July 8, at 8 p.m. ET, I’m holding my Third-Trillion Dollar Trade summit.
During this summit, I’ll reveal this $1 trillion trend… and show you how you can access the right companies to profit from it.
This idea is so big… I’ve even invited some special guests to help you understand the size of the opportunity.
Not only are the stars coming out from the worlds of entertainment… sports… and global politics…
My new partner will be in attendance. He’s a man from the world of venture capital – who promises to help us unlock this whole opportunity… on the spot.
He’s a millionaire investor – and former Wall Street VP – who’s been featured in Vice magazine… Playboy magazine… and Fox Business.
And when it comes to my next Trillion-Dollar Trade, he is by far the smartest man in the room.
Due to the explosive nature of my next trillion-dollar opportunity, I won’t reveal his identity until Thursday, July 8, at 8 p.m. ET. So mark this date down on your calendar.
Friends, the chance to be early and right on a trillion-dollar idea doesn’t come around very often. You may see it only half a dozen times in your lifetime.
This is one of those times.
Yes, it will be uncomfortable. All big ideas are uncomfortable… at first. I learned this the hard way. But I don’t want you to make the same mistake I did.
So, join me on Thursday, July 8, at 8 p.m. ET. And let me show you how you can potentially make 100 years’ worth of stock market gains over the next 18 months.
Let the Game Come to You!
Editor, Palm Beach Daily
P.S. As a bonus for attending, I’ll give away a never-before-released pick riding with the potential to 10x your money from this $1 trillion trend. You’ll get the name and ticker symbol during the event, no strings attached.
To date, my past free picks have an incredible average peak gain of 1,691%. So you’ll want to come just for that.
Plus, event VIPs get my special bonus report. Click here to learn how to become a VIP for free.