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Chris Mayer

Chris Mayer is managing editor of the Capital and Crisis and Mayer’s Special Situations newsletters. He also is a contributor to the Daily Reckoning. Graduating magna cum laude with a degree in finance and an MBA from the University of Maryland, he began his business career as a corporate banker. Mayer left the banking industry after ten years and signed on with Agora Financial. His book, Invest Like a Dealmaker, Secrets of a Former Banking Insider, documents his ability to analyze macro issues and micro investment opportunities to produce an exceptional long-term track record of winning ideas.

Liquidity, Crack and the Quest for Better Returns

May 15th, 2012 | By | Category: Featured, Investing Strategies
“Liquidity is like crack: The more you rely on it, the greater is the craving.” — Louis Lowenstein, Sense & Nonsense in Corporate Finance Liquidity is one of the most overhyped of modern financial ideas. In the context of the stock market, all liquidity means is that you can buy and sell ...read more


Hidden Public Offerings

Apr 26th, 2012 | By | Category: Featured, Investing Strategies
We all know Wall Street is playing with a rigged deck. And you can’t find a more crooked game than with IPOs. Yes, Wall Street — and the financial media — loves the idea of taking hard-earned money and using it to gamble in the hope you’ll end up owning ...read more


Three Ideas You Don’t Want to Own Right Now

Apr 24th, 2012 | By | Category: Featured, Investing Strategies
Jim Chanos is a man who sells his stocks first and then buys them later — hopefully, in his case, at much lower prices. He profits when stocks go down. Chanos is perhaps most famous as the man who sniffed out the fraud that was Enron. In Wall Street parlance, ...read more


The Skyscraper Index

Apr 12th, 2012 | By | Category: Featured, Investing Strategies
A skyscraper is a thing made from a sunny outlook. A skyscraper of record-breaking height is a thing made often from a mix of cheap money, debt and a fat scoop of hubris on top. Somewhere a real estate man with dirt under his shoes and drywall dust on his shoulder ...read more


The Fastest Growing Economy on the Planet

Apr 5th, 2012 | By | Category: Featured, Investing Strategies
“Anyone who thinks that GDP is growing at under 50% a year clearly doesn’t understand economics,” one of my contacts there wrote to me recently. “If you spend $10 billion in capex in an $8 billion economy, the economy grows a whole lot.” Is that possible? An economy growing 50% a ...read more


How to Beat the Stock Market Casino

Mar 23rd, 2012 | By | Category: Featured, Investing Strategies
For a lot of people, the stock market looks like one big casino. And, to some extent, the casino analogy works. There are parts of the market that are consistent losers for investors... The initial public offering market is one of those. It’s true that some IPOs are big winners. Anyone who ...read more


Apple Is a Sell

Mar 6th, 2012 | By | Category: Featured, Investing Strategies, Technology
Apple is a sell. I know, I know. Nobody wants to read about a stock that is a sell. You want to know about the next big winner, the next Apple. But hear me out. There is a unique twist to this story that you probably don’t know. This cinched it for ...read more


3 Easy Steps to an Unusual Investment “Guarantee”

Jan 26th, 2012 | By | Category: Featured, Investing Strategies
This is probably my favorite special situation of all for its simplicity. Joel Greenblatt wrote about it in his 1997 book You Can Be a Stock Market Genius. Greenblatt, at that time, was a relative unknown. But his Gotham Capital had put up 50% average annual returns for 10 years. The ...read more


One Indicator That Will Help You Beat Volatile Markets…

Jan 3rd, 2012 | By | Category: Featured, Investing Strategies, Penny stocks
It hasn’t been an easy environment to invest in. Fundamentals seem not to mean anything. The market paints with a super broad and emotional brush. Everything seems to go up and down at the same time. It’s fascinating to see how people cope with the volatility. Their choices and behavior lead ...read more


You Could Make You 3,800% Gains from This Technology Breakthrough

Dec 9th, 2011 | By | Category: Commodities, Featured, Investing Strategies
Insiders call it the “magic drug”... but it’s not a pill you swallow. It’s not something that your doctor will prescribe. It’s a special solution being injected right now into thousands of oil wells across America. It frees up massive amounts of crude oil from deposits on dry land once thought ...read more