The Hidden Power of Strategic Mediocrity

[Intelligent Income Daily]( Welcome to Intelligent Income Daily, the free daily newsletter from wealth and income expert Brad Thomas. Brad’s experience spans three decades of real estate and stock market booms and busts. Today, he and his team focus exclusively on the safest and most predictable ways to earn sustainable and growing income in any market condition. You can find all past issues [here](. And if you have any questions, please contact Brad and his team [here](mailto:memberservices@widemoatresearch.com). The Hidden Power of Strategic Mediocrity By Adam Galas, Analyst, Intelligent Income Daily [Adam Galas] In 2003, Ben Trotsky retired as the greatest bond investor of the decade. You may not have heard of him. Not many people have. But back in 1995, PIMCO, one of the largest active investment managers in the world, hired him to oversee its newly launched junk bond mutual fund. PIMCO manages over $2 trillion for institutions and individuals. And it’s known for its bond funds. What was Trotsky’s secret that made him a legend at PIMCO? He aimed for mediocrity… I know that may sound odd. After all, how can you become an investing great by aiming for mediocrity? But as you’ll see today, it’s one of the best strategies for making money in the markets over time. If you follow this strategy, you’ll have the chance to make life-changing wealth without ever worrying about blowing up your retirement account in the process. So why did Trotsky aim so low? Recommended Link [Is This AI Coin the #1 Crypto of 2023?]( [image]( Everyone knows that AI is the hottest trend of the year. But did you know there’s a new breed of cryptos called AI tokens? These are coins that are combining the two biggest technologies of this century… blockchain and AI. And Teeka Tiwari believes [this coin that’s trading for cents is the #1 coin for this AI boom](. [Click here.]( -- The Most Powerful Investing Strategy You’ve Never Heard Of Trotsky studied his peers for years and noticed something troubling. The best fund managers of any given year were almost always way below average the following year. To become the best – or even get in the top 20% – these money managers took big risks. Those either paid off with huge gains… or ended in disaster. As Trotsky told NPR… When I did simulations as to what it takes to land somewhere in the top decile (10% percent)… It became very, very clear that if you consistently stay in the top third – but never end up No. 1, 2 or 3 – that over time, you would end up in the top decile of the competitive universe. That’s why he aimed for mediocrity instead. He worked hard to always be in the top 33% – no more, no less. He would carefully study which “junk” – or high risk – bonds were the safest and buy them when they went on sale. Then he did this over and over again. He never had a banner year. He was never on the cover of Forbes. He never made fund manager of the year. But he also kept his clients from blowing up by never taking big bets that went sour. After 10 years of always trying to be in the top 33%, Lipper’s Survey of Mutual Funds named him the No. 1 bond manager of the decade. All without ever swinging for the fences. It’s the same winning strategy I use at my Fortress Portfolio advisory. And it’s paying off. The Easiest Road to Riches At Fortress Portfolio, we have a similar approach. Instead of aiming for hyped-up stocks and taking unnecessary risks, our focus is on high-yielding blue-chip stocks and hedging our portfolio. Buying these stocks at a discount ensures dependable income in all economic and market conditions. Take a stock I added to the model portfolio in January called Keyera Pipeline (KEYUF). It helps Canadian oil and gas companies process and transport gas over nearly 2,800 miles. That makes it the biggest gas processor in Alberta. Without its services, Alberta’s economy would shut down. It’s not making headlines or rocketing higher, but it’s the kind of stable, reliable company we look for. Keyera carries a yield of 6%. And it’s growing its cash flow at 8%. In the last 20 years, it has turned $1 into almost $20. That’s double what you would have made by investing in the S&P 500. More important, Keyera plans to keep delivering about 14% long-term returns while paying out safe and steadily rising dividends. Since I recommended it, Keyera is up 12%. Or take another Fortress Portfolio recommendation I made in April. It’s up 14% since then. And it pays a 6%-yielding dividend. Another recommendation I made in May is up 15%. These aren’t as impressive as the returns speculators have bagged this year in tech stocks. But remember, I’m not swinging for the fences. I know that eventually, these speculators will see massive losses. Meanwhile, the stocks I recommend will keep on paying out safe and growing dividends. And I know this because we’ve developed a safety and quality system that is 95% accurate at catching dividend cuts before they happen. That allows us to be patient, stick with the proven performers, and have consistent winning years. To most investors, those mediocre returns don’t sound that impressive. But remember, these stocks aren’t just yielding 6% to 9%, but the safest 6% to 9% on Wall Street. In fact, our Fortress Portfolio averages a very safe yield of 7% right now. The market is near record highs. That’s always a risky time to bet on speculative plays. Yet, you can still find a very safe 7% yield that’s growing 8% per year over the last five years. That’s the power of the “strategic mediocrity” we aim for, just like Ben Trotsky. It’s not exciting. But it outperforms risky plays as the years add up. And we’re only interested in making the kind of money we can keep over the long term. Fortress Portfolio comprises [nearly two dozen of the kinds of opportunities that can help us reach that goal](. No matter what the market is doing today, or how scary the economy might look tomorrow… [Our strategy of building up small, but reliable, income plays]( can help you fund a sleep-well-at-night nest egg. Safe Investing, Adam Galas Analyst, Intelligent Income Daily IN CASE YOU MISSED IT… [The only stock to keep (revealed below)]( Jeff Clark has been trading stocks for nearly 40 years. He knows the market. He predicted the crashes of 2008, 2020, and 2022. He’s helped his readers avoid huge losses… And still had 13 gains last year alone. He’s done it by avoiding 99.9% of all stocks… Only trading this one, [revealed in this video below.]( Now Jeff is helping his 23-year-old son overcome his huge losses in crypto and tech stocks… By using this same method. [Watch how he plans to win back all of his son’s losses with this one ticker revealed here.]( [image]( [Wide Moat Research]( Wide Moat Research 55 NE 5th Avenue, Delray Beach, FL 33483 [www.widemoatresearch.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Wide Moat Research welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-888-415-6046, Mon–Fri, 9am–5pm ET, or email us [here](mailto:feedback@widemoatresearch.com). © 2023 Wide Moat Research. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Wide Moat Research. [Privacy Policy]( | [Terms of Use](