Using Veritas to Construct the "Per…

29-04-2017 Hits:85766 BoomBustBlog Reggie Middleton

Using Veritas to Construct the "Perfect" Digital Investment Portfolio" & How to Value "Hard to Value" tokens, Pt 1

The golden grail of investing is to find that investable asset that provides the greatest reward with the least risk. Alas, despite how commonsensical that precept seems to be, many...

Read more

The Veritas 2017 Token Offering Summary …

15-04-2017 Hits:79996 BoomBustBlog Reggie Middleton

The Veritas 2017 Token Offering Summary Available For Download and Sharing

The Veritas Offering Summary is now available for download, which packs all the information about Veritas in a single page. A step by step guide to purchasing Veritas can be downloaded here.

Read more

What Happens When the Fund Fee Fight Hit…

10-04-2017 Hits:79857 BoomBustBlog Reggie Middleton

What Happens When the Fund Fee Fight Hits the Blockchain

A hedge fund recently made news by securitizing its LP units as Ethereum-based tokens and selling them as tradeable (thereby liquid) assets. This brings technology to the VC industry that...

Read more

Veritaseum: The ICO That's Ushering in t…

07-04-2017 Hits:84335 BoomBustBlog Reggie Middleton

Veritaseum: The ICO That's Ushering in the Era of P2P Capital Markets

Veritaseum is in the process of building peer-to-peer capital markets that enable financial and value market participants to deal directly with each other on a counterparty risk-free basis in lieu...

Read more

This Is Ground Zero for the 2017 Veritas…

03-04-2017 Hits:80877 BoomBustBlog Reggie Middleton

This Is Ground Zero for the 2017 Veritas Offering. Are You Ready to Get Your Key to the P2P Capital Markets?

This is the link to the Veritas Crowdsale landing page. Here is where you will be able to buy the Veritas ICO when it is launched in mid-April. Below, please...

Read more

What is the Value Proposition For Verita…

01-04-2017 Hits:83124 BoomBustBlog Reggie Middleton

What is the Value Proposition For Veritas, Veritaseum's Software Token?

 A YouTube commenter asked a very good question that we will like to take some time to answer. The question was, verbatim: I've watched your video and gone through the slides. The exchange...

Read more

This Real Estate Bubble, Like Some Relat…

28-03-2017 Hits:54132 BoomBustBlog Reggie Middleton

This Real Estate Bubble, Like Some Relationships, Is Complicated...

CNBC reports US home prices rise 5.9 percent to 31-month high in January according to S&P CoreLogic Case-Shiller. This puts the 20 city index close to an all time high, including...

Read more

Bloomberg Chimes In With My Warnings As …

28-03-2017 Hits:82256 BoomBustBlog Reggie Middleton

Bloomberg Chimes In With My Warnings As Landlords Offer First Time Ever Concessions to Retail Renters

Over the last quarter I've been warning about the significant weakness in retailers and the retail real estate that most occupy (links supplied below). Now, Bloomberg reports: Manhattan Landlords Are Offering...

Read more

Our Apple Analysis This Week - This Comp…

27-03-2017 Hits:82110 BoomBustBlog Reggie Middleton

Our Apple Analysis This Week - This Company Is Not What Most Think It IS

We will releasing our Apple forensic analysis and valuation this week for subscribers (click here to subscribe - lowest tier is the same as a Netflix subscription). As can be...

Read more

The Country's First Newly Elected Lame D…

27-03-2017 Hits:81979 BoomBustBlog Reggie Middleton

The Country's First Newly Elected Lame Duck President Will Cause Massive Reversal Of Speculative Gains

Note: Subscribers should reference  the paywall material here for stocks that should give a good risk/reward scenario for bearish trades. The Trump administration's legislative outlook is effectively a political desert, with...

Read more

Sears Finally Throws In The Towel Exactl…

22-03-2017 Hits:88001 BoomBustBlog Reggie Middleton

Sears Finally Throws In The Towel Exactly When I Predicted "has ‘substantial doubt’ about its future"

My prediction of Sears collapsing once interest rates started ticking upwards was absolutely on point.

Read more

The Transformation of Television in Amer…

21-03-2017 Hits:85877 BoomBustBlog Reggie Middleton

The Transformation of Television in America and Worldwide

TV has changed more in the past 10 years than it has since it's inception nearly 100 years ago This change is profound, and the primary benefactors look and act...

Read more

I haven't had a chance to reply to the comments sections since I have been busy fortifying the infrastructure of the site. I am in the process of making this a super blog (in terms of actionable content and intelligence). I have been reading some of them and will address some of the questions posed in this post.

Am I still bearish on XZY stock of company?

My investment thesis hasn't changed. As a matter of fact, it has been proven 110% correct and right on point by recent events. I instruct my staff to be very conservative in the assumptions that go into the corporate valuations. If you read the research reports and opinions, pay close attention to the argument and thesis that went into the opinion, not just the valuation number. I update some of the reports when my portfolio calls for it, but others are still relevant even though they are not updated. For instance, Navistar dropped over 20% today alone, past the updated valuation metric (congrats to anyone who took a position on this through the site's research btw, you made good money this week), but if you read through the report carefully (particularly the "Professional" level report) you will see where this company had plenty of room for free fall. You should also be able to see the conservatism of my analysis (the company sports significant negative equity in a rapidly deteriorating macro environment). The same can be said for GGP, and several banks. GGP is trading below my valuation of last year, but they have dug an even deeper hole for themselves by selling $112 million of shares after asking to be out on the short ban list. Thus management can sell, but we can't? What do you think happens when the ban is lifted???

In general I am uber bearish on the banks and insurers, and no - the worst is not behind us! I am bearish on commercial real estate, and no - the worst is not behind us. There is an upcoming slaughter in manufacturing and industrial sectors - the very same sectors that I heard the long only money managers recommending on CNBS yesterday. I guess that's the guys who are on the other side of my trades. Good luck, fellas. You're going to need it. I will release pat 27 of my Asset Securitization Crisis investment thesis tomorrow morning, which will go in dept into the manufacturing and industrial sector. After that I will officially head to Europe, southeast and central Asia. Your socks will be blown through your nostrils when you hear the thesis behind my positions in Europe.

 

Would the bailout package have helped us?

Not remotely, if even that much. I would have said "Hell no!" but that would have been too positive. What a waste of money and resources. It may have helped a few connected banks. That's just about it. I have yet to learn of a country that has successfully manipulated a free market as large as the multi-trillion dollar mortgage market. It hasn't happened before, it is not going to happened now, and I wouldn't even bet YOUR portfolio in it happening in the future. I haven't read the revised version yet, but I am confident if it passes feeling will get hurt. The premise underpinning the "bailout" is all wrong. An attempt to buy securities to lift their market price, despite the fact that they are underpinned via leverage by an asset that is falling from a historical high (and has a long way to go before inventory is sufficiently diminished). If the bill passes (it probably will) I envision the market rallying for an hour or two, even up to a few days - then reality trumps the momentum traders and we begin a sharp and long journey downward. This is pretty much a foregone conclusion. The plan as I know it to be proposed, is not a bailout, not efficient, not well thought out, and simply political wrangling.

If the financial companies succeed in getting the mark to market rules repealed or weakened, then we will have an even deeper recession. For one, lesser investors will get crushed. You will not know who has what, which will make fundamental analysis akin to a long running joke. That will mean only the very advanced full time investors will even have a chance. I, as a citizen, don't want this to happen even though I personally may have much to gain (capital gains wise). In addition, the banks may be careless and reckless, but they are not stupid. You can change the rules tomorrow regarding the valuation of trash, that doesn't mean that banks will automatically trust each other the day after tomorrow. Trash by and other name is trash.

Can you hasten the pace of the reports?

No. I take my time and do a thorough job. That is how I have outperformed the street to date, and that is the modus operandi that I am sticking with. If you rush, you will make a mistake - guaranteed. Remember, I am not an investment newsletter author with an investment account. I am a high end investor that shares his research. There is a difference, and that difference (in my oh! so humble opinion) significantly increases the value of said research to anyone who chooses to reuse it. You see, instead of just shoveling out info and data, I put out knowledge in the same fashion that I have used it. If you exercised patience, and followed my lead over the past year, you should have a reason to grin. With that being said, there is still a lot of stuff coming out over the next 10 to 12 business days, with some shortlist stuff coming out between now and Monday evening (maybe even tonight), as well as more macro reports. The macro reports are very important. By following the thesis illustrated in the Asset Securitization Crisis series, one could have easily and accurately foreseen everything that happened in the past month as far back as the spring. Keep in mind that if I am correct about what is going down, the downward trend will last years, not days. Patience is a virtue! Remember how long this last secular bull market lasted?

I strongly suggest you go here (search form) to look up the big names in the news recently, namely GE, GGP, NAV, etc. There is a wealth of prescient info stored on this site.