Hello Reader, Where were you exactly a year ago? Can you remember what you were doing on April 5, 2017? I can’t—not really. But I do know I wrote this in The Daily Dirtnap that day: Jeff and Elon can write a big thank-you note to Yellen and Bernanke and Greenspan, because Tesla and Amazon probably don’t exist in their current form without extraordinarily easy monetary policy. If Fed funds are at 6%, Tesla is probably a $15 stock. |
A lot can happen in a year! Fast Forward Where will you be on April 5, 2019? People aren’t really hardwired to have a clear, concrete vision of the future. Few can say, “In one year’s time, I will be X, Y, and Z.” If they can, they will almost inevitably be proved wrong. But I can say that on April 5, 2019, a one-year subscription to The Daily Dirtnap will have given you: - “[A] greatly expanded view of the markets”
- “Insight that doesn’t get covered by the mainstream financial press”
- “No BS analyses of market surprises”
- “Help identifying non-consensus ideas"
And that you may even have “given up reading anything else.” A decade of The Daily Dirtnap in my rearview mirror makes me pretty confident that this is all true. Especially because these are all comments from TDD subscribers who have been reading the letter for more than a year. But Let’s Focus on Right Now When you join The Daily Dirtnap today, you’ll be able to: - Get your portfolio ready for the new regime with my “Break Glass in Case of Emergency” plan (or add to/adjust the plan you may already have in place)
- Get a copy of what’s in The Daily Dirtnap portfolio in a special eight-page report, complete with my thinking on each position so you can consider them for your own portfolio.
- Start off your weekend with the Friday issue of The Daily Dirtnap (it’s usually a fun one)
- And of course, look forward to getting a very limited-edition The Daily Dirtnap mug in the mail!
Now, when I said “today,” I did mean “today.” The emergency plan, portfolio report, and other extras won’t be available after tonight, at midnight. It’s not that I’ll be putting them up for sale, they just won’t be available for public consumption at all. Back in the TDD vault. The Daily Dirtnap will of course still be available after midnight, but you’re missing out on a good deal if you wait until tomorrow. So, it’s final decision time. Are you in? Hope to see you in there. Jared Dillian
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