Max Monday: Plan Your Future with These Fundamental Tools

You are receiving this as part of your free subscription to Tim Melvin's Max Wealth. To remove your email from this list, [unsubscribe here](. [Max Wealth]( [The Quantum Loop Has No Bias (Neither Should You)]( Ask yourself: If you can double, triple, or quadruple your money on a stock (in as little as 72 hours or less)... does it really matter what stock you're profiting on? Stocks do NOT have feelings. They are NOT your friends. They do NOT define who you are. They are vessels for making money. If you can accept this fact, you are ready for the [Quantum Loop]( - the most inventive technology in the history of finance. [Watch now](. --------------------------------------------------------------- June 10, 2019 Dear Max Wealth Member, Happy Monday! Last week's news on the passing of the legendary manager of Vanguard's Windsor Fund, John Neff has left me in a reflective mood. So as we move into this week, I'd like to start off by sharing some books and articles about where we've been, where we are, and what we want for ourselves in the future. There are a lot of good ideas in here that can improve our investing success, and give us perspective on what we do, and why we do it. This Week's Worthwhile Books [John Neff on Investing]( by John Neff [204,203,200_.jpg]We have to lead with this one. It is available on Amazon in Kindle format and from several different sellers. I also suspect there is one floating around your local library as well. This is Mr. Neff teaching his methodology that racked up a tremendous track record, and I still use some of his ideas in developing stock picks for you today. Neff was a rare combination in the investment world of wisdom and humility as he tells his story and even shares parts of the diary he kept while managing money over several decades. [For a very interesting read, click here to get your own copy.]( [There's Always Something to Do: The Peter Cundill Investment Approach]( by Christopher Risso-Gill [Paperback There's Always Something to Do : The Peter Cundill Investment Approach Book]Peter Cundill was based in Canada, so he never became as famous as he would have if he practiced in the United States. He was a devotee of the asset value-based approach to value investing. The author had access to more than 40 years' worth of Mr. Cundill's diaries and they reveal a fascinating man who compiled an outstanding track record over several decades. The diaries delve into philosophy, fitness, and a wide range of topics including the concept that helped him consistently outperform the markets and his peers. It is very well written, and a fascinating story. This is as much of a beach read as it is a serious tome on making money in the stock market. This Week's Quick Read Articles [These beaten-down victims of the trade war offer long-term gains, says dean of valuation]( Aswath Damodaran, Professor at NYU and the leading authority on corporate valuations, talks about the trade wars and stocks. He suggests that for the next 18 months we would see pricing driven more by politics than by economics. He thinks this will make for very volatile markets, and investors need to focus more on the long term value of the company, and less on what will possible be wild day to day price moves. [Financial Advice For My New Daughter]( Yet another powerful piece from Morgan Housel of the Collaborative Fund. His daughter was born this past Monday, and he put some thoughts on paper about how she can best prepare for the world ahead. Obviously, she can't read it now, but the advice and discussion should prove very valuable to her in two decades as she nears adulthood. This should be read not just by you, but also any kids, or grandkids you have on the verge of adulting. I now feel challenged to write something similar for the world's most beautiful Granddaughter! [Why Jeff Bezos and a Dozen Tech Titans Made a Pilgrimage to Brunello Cucinelli's Italian Village]( Brunello Cucinelli is not the richest man in the world, although he is a self-made billionaire and runs one of the world's best high-end clothing companies. He has developed a business philosophy called humanistic enterprise, where workers are highly valued, and exceptionally well treated. Cucinelli invited the tech giants to the medieval village where he lives and operates his company to, "be able to speak about being in harmony with nature. To talk about how we need to look up at the stars more. What can we do for future generations ahead of us? What can we donate to humanity whenever we make a profit? What can we leave behind?" From the description of the weekend in this article, I can only say I wish I had been there. [Brilliant stock picker John Neff, who ran Vanguard's Windsor Fund and built Penn's endowment, dies at 87]( Before Vanguard as famous for index funds, it was the firm where John Neff hung his hat, and ran the Wellington Fund from 1964 until he retired in 1995. He beat the market by a pretty hefty percentage over that time using a combination of low PE and dividend paying stocks to achieve higher returns. He was part of the annual Barrons Roundtable from 1976 to 2007, and I must confess I have stolen more than a few ideas form him during that time. To the Max, Tim Melvin --------------------------------------------------------------- [One Company Could Soon Change the Fate of Cannabis in America (and Hand You thirty-six thousand)]( Right now, cannabis is classified as one of the most dangerous and addictive drugs - when in reality, about 80% of all cannabis use is medical. That's why medicinal marijuana is one the most profitable sectors to date... and we've pinpointed [one tiny company]( that could soon be at the forefront of some of the most ground-breaking medical miracles - and boost your wealth up to 1,000%. ([Full details](...) --------------------------------------------------------------- You are receiving this e-mail at {EMAIL}, as a part of your free subscription to Tim Melvin's Max Wealth. To remove your email from this list: [Unsubscribe]( [Manage Your Email Preferences]( To cancel by mail or for any other subscription issues, write us at: Tim Melvin's Max Wealth | Attn: Member Services | 1125 N Charles Street | Baltimore, MD 21201 North America: 888.384.8339; International: 443.353.4519; Fax: 410.622.3050 [Contact Customer Service]( Website: [( © 2019 Tim Melvin's Max Wealth All Rights Reserved. Nothing in this email should be considered personalized financial advice. 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