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The Stunning Collapse of Iran’s Currency

In a recent two-part series on the tensions between the United States and Iran, my colleague David Lee Smith provided readers with a broad and insightful overview of the unfolding crisis. He discussed the European Union’s newly implemented embargo against Iranian oil, the contentious relationship between Shiite Iran and its Sunni neighbors, and the growing [...]

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Bringing in the big bucks are three widely varying sectors

Considering how uncertain the investing landscape seems to be, being long in high-yield sectors is definitely the right place to be. My portfolios are getting a nice push higher, as evidenced by rising year-end capital flows back into the equity and debt markets. Each of the major themes that define my buy lists are playing [...]

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The Dirt Cheap Value Portfolio – ‘Carnage Equals Opportunity’

I’m not going to lie, owning the "DCVP" (Dirt Cheap Value Portfolio) these past few months has not been a pleasurable experience, and during the last six trading sessions, things have gone from bad to worst, as the DCVP lost another 6% to $78.13, a heavy hit in comparison to the Dow’s 1% loss in [...]