| Dear Friend, I feel a great kinship with Leon Cooperman, famous hedge fund manager, self-made billionaire, and one of our headliners at the Virtual SIC 2020. Like me, Leon comes from a working-class background. His parents were Polish immigrants, and he was the first person in the family to attend college. All of his achievements are his own. You can tell because even today, Leon—who used to be a partner at Goldman Sachs and today serves as chairman and CEO of Omega Advisors—is completely in touch with “on the ground” reality, a characteristic I often miss in more academically inclined Fed members and policymakers. Just recently, he commented on the current crisis and monetary policy in a CNBC interview, saying, “Consistently low interest rates are indicative of a troubled economy and should not be viewed positively. You have negative interest rates in Japan, you have negative interest rates in Europe, yet their price/earnings ratios are lower than the US price/earnings ratio.” He is advocating for corporate bailouts, but with conditions: “Capitalism as we know it will likely be changed forever. When the government is called upon to protect you on the downside, they have every right to regulate the upside.” Leon has seen more than a few market corrections and business cycles—and he’s navigated each with extraordinary success. You don’t get access to the kind of expertise this man has to offer every day. It gives all of us the opportunity to learn from one of the living legends of investing... in a forum that is not limited to the three-minute sound bites you’ll see in the mainstream media. I can’t wait to hear more of Leon’s insights on the big-picture issues in the post-COVID-19 world and what else we should expect going forward. This will be a real treat—and valuable information for every investor. I hope you will join us for this exceptional event. Over five days between May 11 and May 21, you’ll experience over 30 world-class presenters and panelists in real time with your Virtual SIC 2020 Pass. Actually, we are still confirming more speakers every day. Even if you don’t have time to watch all the presentations live, don’t worry about missing the action. After the SIC concludes, you’ll receive high-quality video and audio recordings, full transcripts, and presenters’ slides, so you can enjoy your favorite presentations over and over again. You’ll get all of this at a fraction of the cost that an “in person” SIC attendee would pay. You’ll save even more when you order your Virtual SIC 2020 Pass today. Because this year’s SIC is the most important ever, we are offering priority pricing of just $395 to those who join us for the live event. Your being excited to be part of this seminal event analyst, 
John Mauldin
Co-Founder
Mauldin Economics | 