Max Monday: Insights from a Genius Rebel and a Special Offer

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](. [Tim Melvin's Max Wealth] [The Mysterious Shed at the Center of a "Gazillion-Dollar" Wall Street Battle]( We flew a camera up to the outskirts of Chicago, Illinois, to film a practically dilapidated shed that's in the middle of what Bloomberg is calling the "gazillion-dollar" fight amongst Wall Street. In fact, some of the biggest financial institutions in the nation are in an all-out war over this property. It's not sitting on a pile of gold... diamonds... or even oil. But it is however, sitting 30 yards from the epicenter of something monumental. [Full story here](... --------------------------------------------------------------- August 5, 2019 Max Monday: Insights from a Genius Rebel and a Special Offer By Tim Melvin Dear Reader, Happy Monday! Before we get to our readings, I wanted you - one of the dedicated readers of Max Wealth - to be in on this special offer before anyone else. In the 5 years before I joined money map, my published recommendations averaged a stunning 70% gain per trade. Tomorrow I'm offering not one, but two special opportunities that could bring you triple- or even quadruple-digit gains. Because there are a limited number of spots to join in on this opportunity, I'm giving my faithful readers the first chance to get a seat for the ride ahead. [Go here now]( for a private screening of this special. Now for this week's reads, we have insights into one of recent history's great minds, as well as some background on two currently troubling economic behaviors that have been in the news recently. Let's take a look... This Week's Books [Perfectly Reasonable Deviations from the Beaten Track- The Letters of Richard P. Feynman]( - by Richard P. Feynman those unfamiliar with Mr. Feynman, he was awarded two Nobel Prizes for his work. He worked on the Manhattan Project, he was the one who figured out how and why the Challenger exploded, and just about everything in between at some point in his life. He did a lot of his best work in strip clubs, played the bongos rather enthusiastically, and his paintings done as a hobby were good enough to sell. He was one of the greatest minds of the 20th Century and this book puts you inside the words and mind of Feynman. These are unedited letters to his wife, correspondence with other scientists, students, and other contemporaries which give some insights into a brilliant and complicated man. I have a copy within reach and will frequently grab it off the shelf and read a letter or two. I always learn something new. [I highly recommend this book to those fascinated by science and history](. Warning: His letter to his deceased wife will make a romantic out of the most hardened soul. [The Proud Highway: Saga of a Desperate Southern Gentleman, 1955-1967 (Gonzo Letters Book 1)]( - by Hunter S. Thompson This is the other letter collection I keep close at hand. Hunter Thompson has been one of my favorite writers and thinkers. I have all of his various letter collections but this one allows a look at the forces that created the father of gonzo journalism There are letters to girlfriends, school friends, his mother, Lyndon Johnson, Norman Mailer, and just about anyone else who popped into Thompson's brain for some reason. I may not always learn something when I pick it up and read a few letters, but I do find it helps give some perspective on the world at large. I suspect that much of my distrust of government and dislike of almost all politicians is in part because of early exposure to the good doctor's writings. You can find a copy of this book [here](. This Week's Quick Dives [Universal Laws of the World]( Some things are just true. I think I am fondest of the author's discussion of Brandolini's law: "The amount of energy needed to refute bull**** is an order of magnitude bigger than to produce it." We see this play out each and every day on social media. I stopped trying to refute BS a long time ago. I favor a nod of the head and best wishes as I move on down the road. I had a few epic flame wars before I figured out that is was not my role in life to change people's minds, especially about politics and the evil nature of the Boston Red Sox. They either come to the correct conclusions or they do not. In addition to this all-important universal laws. Understanding them will help you [navigate life and markets with greater success](. [We're All MMT'ers Now]( When is the last time you heard a politician talk about budget deficits or the national debt? Neither party has any inclination towards fiscal restraint at all anymore. Not only did we just pass a budget with a $1.4 trillion deficit candidates are talking about spending trillions more of infrastructure (GOP) or the Green New Deal (Democrats) entirely financed by debt. Modern Monetary Theory has passed into law via complacency. Nobody is even pretending to care. Famed hedge fund manager Stanley Druckenmiller recently said that his fear is that this goes on until markets revolt. When they do it will be violent, sudden, and painful for unprepared investors. [Read more here](. [On the Other Hand]( Howard Marks of Oaktree Capital looks at current fed policy and what it could mean for the economy and markets. Mr. Marks has been active in high yield and distressed investing since the late 1970s. He's seen several economic and market cycles and has a reasoned and rational view of the world. While there are pluses and minuses about low rates, Mr. Marks has a very important question asking, "Finally, when I hear people talk about the possibility that the Fed will prevent a recession, I wonder whether it's even desirable for it to have that goal. Per the above, are recessions really avoidable or merely postponable? And if the latter, is it better for them to occur naturally or be postponed unnaturally? Might efforts to postpone them create undue faith in the power and intentions of the Fed, and thus a return of moral hazard? And if the Fed wards off a series of little recessions, mightn't that just mean that, when the ability to keep doing so reaches its limit, the one that finally arrives will be a doozy?" [Click here]( to see all of Mr. Marks' thoughts on the subject. [Mispriced Innovation - Patents as a Leading Indicator for Earnings Growth]( Here's a crazy idea - companies that get more patents and spend more on research and development have higher earnings which, in turn, drives higher stock performance. The folks at O'Shaughnessy Asset Management do outstanding research and this is an idea worth further exploration. I'm putting this in the "Let's figure it out pile" and will begin doing my own exploration of this interesting and exciting idea of making money in the markets. You can read more and see the data [here](. To the Max, Tim Melvin Here's what else I'm following... --------------------------------------------------------------- [TV's Savviest Shark Is Showing You How You Can Make a Killing - with a $50 Bill]( This is BY FAR one of the best ways to utilize a $50 bill... because [what you'll see here]( is one of the ONLY ways you can transform even your chump change into staggering, generational wealth. See what America's favorite Shark couldn't reveal on TV [right here](. --------------------------------------------------------------- You are receiving this e-mail at, {EMAIL}, as a part of your free subscription to Tim Melvin's Max Wealth. 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. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Tim Melvin's Max Wealth. 1125 N Charles Street, Baltimore MD 21201.