In this special report, Wealth Signals editor Scott Garliss dissects five common but deadly cognitive biases that can take down even seasoned investors – and shows you how to spot and avoid them in your own thinking.
Editor’s Note:
Porter & Co. follows a lighter publishing schedule in August, which gives our team a little breathing room to enjoy time with their families. But we’re still monitoring portfolios, and sending updates on our open positions for all our services.
And each week during the month, Big Secret readers will receive a short issue with a special literary excerpt or investing insight that you won’t see anywhere else.
Don’t forget: while you’re waiting for “business as usual” to resume the first week of September, there’s still plenty to do…
Please, go through our back issues, which include many valuable buy-and-hold recommendations and timeless stories. (We’ve recently updated our website, giving subscribers a simpler way to access all our reports and recommendations on a single dashboard.)
We believe strongly that the best investment time horizon is forever. Time is our greatest advantage as investors in capital efficient, high-quality businesses – as you’ll see in the results of our portfolio.
At the very least, we hope you will become familiar with our strategy by understanding our investments in Hershey, NVR, WR Berkley, and Domino’s. There’s a lot more to these businesses than their customers realize. And when you begin to understand the financial architecture that lies underneath these companies’ products and services, you’ll be on your way towards becoming a great investor.
We hope you’ll remember who showed you these secrets, and remain a paid-up subscriber for as long as you hold these investments – forever!
And now, please enjoy today’s special issue…
If you haven’t met Scott Garliss, you’re missing out on a great time.
Scott loves to ride his bike. Over the last three years he has logged close to 36,000 miles.
And when he’s not spinning his legs, he uses his spare time to coach his kids in sports. In fact, he coached both a boys’ and girls’ lacrosse team this past spring.
He’s also the editor of Porter & Co.’s macro-focused trading service, Wealth Signals. Scott filters out market “signals” from “noise” and delivers detailed commentary once to twice a week while seeking out income- and capital appreciation-focused trade ideas.
Before joining Porter & Co., Scott worked at Stansberry Research from 2017 to 2023. Before that, he spent the bulk of his professional career, over 20 years, trading for some of the top investment banks in the U.S., including First Union Securities, Wachovia Securities, Stifel Nicolaus, and FBR Capital Markets.
During that time, he analyzed the key macro-economic events taking place around the globe. He would then use that knowledge to aid his institutional clients (portfolio managers and traders) in their investment decisions. In addition to an arsenal of highly effective trading strategies, he also witnessed the mistakes these Wall Street bigwigs made… and learned first-hand what not to do.
In today’s special report, Scott dissects five common but deadly cognitive biases that can take down even seasoned investors – and shows you how to spot and avoid them in your own thinking.
Download the full PDF here.
Porter & Co.
Stevenson, MD
P.S. If you’d like to learn more about the Porter & Co. team – all of whom are real humans, and many of whom have Twitter accounts – you can get acquainted with us here. You can follow me (Porter) on Twitter here: @porterstansb.