Dear Investor, The media is actively LYING to you. Investors who are getting news from the TV are lying awake at night worrying about their portfolios. Some financial advisors and money managers are double-talking to their clients. One moment theyâre bearish and the next theyâre bullish. None of this is your fault â you shouldnât have to suffer because of their shady agenda. The good news is you donât have to. Thereâs a way you can come out on top in 2021. [This report on the TRUTH about the current market reveals where you profit big.]( Stop listening to the mediaâs senseless fear-mongering... Theyâre saying things like âstocks canât go any higherâ or âweâve reached the topâ and even things like âweâre due for a correctionâ all just to spook investors. The fact is, gains as big as 500% in certain sectors are still legitimately possible if you know what to buy and what to avoid. Media channels are completely ignoring what true experts predict to be the number one performing stock of the year. [Click here to get the complete executive briefing and discover the top stock of 2021.]( Allison Comotto
Staff Writer, Stansberry Research
Delivering World-Class Financial Research Since 1999 [Link to Stansberry Research Privacy Policy]( Disclaimer: Paradoxically, investing is often most risky when it appears safest. This lesson of history led us to adopt a rather unconventional strategy â a contrarian approach to investing. We believe our approach has great merit, based upon our reading of the history of our own track record to date. But as you surely have heard before, the past isnât necessarily a guide to the future. No matter how well we do our job, no matter how much research we conduct, no matter how promising the opportunity, or certain our analyst⦠you cannot escape the fact that every investment opportunity (and particularly in stocks) comes with the risk of a loss. These risks are part of the reason why great investment ideas are rare and incredibly valuable. You should understand why a business â like ours â would be willing to share investment ideas with you and under what terms. Weâve prepared this document to help you understand exactly why we publish our best investment ideas (instead of simply investing in them or managing a hedge fund or other investment pool). It will give you insight into the specific conflict of interest we face as publishers and describe how we collect our track records. It will describe our posture regarding guarantees and refunds. It will explain the regulatory and legal framework that governs how we operate and perhaps most important, it will set the stage for a long and happy business relationship. Weâve been successful in this business for more than 20 years because weâve always been dedicated to serving our subscribers by only publishing materials, weâd want our own families to read and follow, by always being completely transparent about the utility of our products (track records), and by always considering how weâd want to be treated if the roles were reversed. If youâll take the time to read this document, we believe you will be far more likely to succeed using our materials. You will know more about our approach to serving investors. Youâll know more about the limits of what we can help you achieve. And most of all, you will know a lot more about the risks you inevitably face as an investor. The first thing to know about our business (Stansberry Research) is that we are NOT money managers, brokers, or fiduciaries of any kind. Our published work is NOT a low-price replacement for an experienced money manager, broker, or investment advisor. Instead, Stansberry Research LLC is a publishing company and the indicators, strategies, reports, articles, and all other features of our products are provided for informational and educational purposes only. Under no circumstances should you construe anything that appears in our newsletters, reports, or on our website as personalized investment advice. Our recommendations and analysis are based on Securities and Exchange Commission (SEC) filings, current events, interviews, corporate press releases, and what weâve learned as financial journalists. It may contain errors, and you shouldnât make any investment decision based solely on what you read here. If you are not an experienced investor, we urge you to get as much education as possible and to consult a licensed individual advisor before making investments of any kind. The regulatory regime for investment advisors and money managers makes it difficult (if not impossible) to serve both the general public and individuals. We have chosen to provide our research to the general public for a number of good reasons. For one, we know that Wall Street has enjoyed a dramatic advantage over the average investor for decades. And we want to level the playing field as much as possible. But the most important reason for serving the general public relates to something called the âprudent manâ rule. Historically, the best investment opportunities have arisen amid circumstances most investors believed were risky. For example, opportunities to buy large-cap U.S. stocks at attractive prices have occurred almost exclusively during periods of great economic uncertainty. Recently such opportunities arose in 1987, 1994, 1998, 2002, and 2008. We are confident that such opportunities will occur again. Excessive greed and fear are the emotions that drive the public markets. Likewise, individual securities often trade at the most attractive prices when serious problems arise in a given business. We call these company-specific problems âwarts.â However, precisely because most investors are repulsed by such securities, investors willing to study them can produce large investment returns. We seek to take advantage of these opportunities for the benefit of our subscribers. As Iâll explain later, our firm does not own any stocks, nor do we allow our investment analysts to own the stocks they recommend for our subscribers. Investment fiduciaries are often forbidden by regulations â most notably the so-called âprudent manâ rule â from taking a contrarian approach like ours with a majority of their investments. These regulations date back to 1830 (though the rules have been significantly revised over the years). The rule boils down to a simple concept: Fiduciaries have an obligation to avoid taking investment risks that are contrary to the publicâs opinion. Individual investment managers with fiduciary obligations are legally required âto observe how men of prudence, discretion, and intelligence manage their own affairs.â These rules essentially require registered investment advisors to invest alongside the public. They are forbidden, for example, from shorting stocks. This makes taking a truly contrarian approach nearly impossible because of regulatory and legal liability concerns. Our companyâs primary approach to investing is based on contrarian strategies that may be significantly at odds with conventional wisdom and mainstream approaches to capital management. That means many of the recommendations and strategies we cover in our publications will seem risky and controversial. It also helps explain why investors and media outlets that follow a more conventional âprudent manâ approach frequently criticize our work and even accuse us of malfeasance. We urge you to consider our investment ideas carefully and to follow all of our strategies for risk management, especially position sizing and trailing stop losses. But most of all⦠we urge you to educate yourself about the philosophy that underlies our approach. If you will take the time to understand why we believe our strategies are likely to work, you can acquire the emotional fortitude and the discipline necessary to successfully apply our strategies. If you lack this understanding, you are very unlikely to succeed. We are NOT responsible for your results â good or bad. We will NOT take credit (in the form of a percentage of your profits) for your success. Nor are we legally liable for any of your losses. Subscribing to our newsletters will not make us responsible for your investment results. You will bear the full burden of the risks you decide to take. As we will regularly remind you: Itâs your money, and itâs your responsibility. Our lack of fiduciary responsibility might cause you to second-guess our work. Thatâs fine with us. We urge you to be critical and skeptical of all investment recommendations, no matter the source. But the simple fact is, if we were subject to legal liability for any losses resulting from our recommendations, our business would disappear overnight. No investment manager could withstand the risk of investment losses without also reaping the rewards of investment gains. Being free of these fiduciary obligations allows us the freedom to operate and to provide information about investment strategies (contrarian) and investment ideas that others are not able or willing to cover. Therefore, when you use our services remember to always limit your position sizes to an amount you can easily afford to lose. (Weâd recommend the same advice when making an investment based on a recommendation from any source.) [-]( Disclaimer: StockInvestingDaily.com is a research service not owned or managed by registered brokers and therefore this site does not make any investment recommendations. The information provided from StockEarnings is not guaranteed as to the accuracy or completeness. 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