risk

Can Sotheby’s stock predict a stock market crash?

Investors are always on the hunt for a reliable market indicator which signals a market top. In my mind, asset protection is often an underappreciated skill in this business because so few people have been able to repeat the skill time and time again. Every cycle is slightly different so it is certainly a challenge, but I believe it can be done and with huge value added.

Earlier this month on CNBC, famed hedge fund manager Jim Chanos shared a chart which shows that shares of Sotheby's (BID) have peaked before every major financial bubble since 1987.

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A Lesson From Warren Buffett on Buying Fear

Today I thought it would be valuable to take a lesson on fear from legendary investor Warren Buffett. After an epic run in 2013, stocks have taken a breather to start the new year. After reaching a new high on January 15th, the S&P 500 has corrected by 6%. If you read the recent headlines, you'd probably be scared stiff. It's no wonder that some people end up in the hospital. Just check some of these headlines out:

Warren Buffett

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Kerchunker Profile: LifeLock to benefit from Target data breach

Kerchunker Profile

Cybercrime is on the rise. In the past, you only needed to worry about pickpockets or losing your wallet. You knew could cancel your credit cards the next day and not have to worry much. Today criminals are focused on stealing millions of identities at a time. This is proved by Target's recent data breach of up to 110 million customers' data including credit card numbers, PIN numbers, names and addresses. According to the Bureau of Justice Statistics, about 7% of people aged 16 or over were victims of identity theft in 2012. This translates into over 12 million Americans who had to deal with the hassle of the aftermath. Identity theft resulted in over $21 billion in costs to victims and businesses. Today your data may be floating around the black market and you don't know when the actual identity theft will occur. 15% of identity theft victims don't know until 4 or more years has past.

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