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The Digest team was in Las Vegas this week for the 2015 Stansberry Conference Series & Annual Alliance Meeting at the Aria Resort & Casino. In today's essay, we share a few of the highlights from the event.
And for a limited time, we're offering online streaming access so you can view the presentations at your leisure. Click here for all the details.
Saturday, October 17, 2015
One of the most powerful presentations from the Stansberry Conference series event came from author, entrepreneur, and philanthropist Mick Ebeling. He is the CEO of Not Impossible Labs, a company focused on developing creative solutions to "real-world" problems.
Ebeling shared two examples of solutions his company has developed: the Eyewriter – a "do-it-yourself" device that allows folks with paralysis to write and communicate using just the movement of their eyes – and Project Daniel – a 3D-printing lab that creates inexpensive prosthetic limbs for children in war-torn Africa.
The stories behind these projects are incredible, but Ebeling's message for the crowd was simple...
Everything that is possible today – even things we take for granted, like air travel, automobiles, woven clothes, and even walking upright – was once considered "impossible." All it really takes to make the impossible possible, is for one person to do it.
While few of us are in a position to help solve huge problems, Ebeling believes all of us have the potential to do extraordinary things and to improve the lives of those around us... And he has dedicated his life to showing others how it can be done.
There was far more to his presentation than we can fully explain today, but if you're interested, we encourage you to learn more at the company's website: notimpossible.com. Ebeling has also written a book, Not Impossible: The Art and Joy of Doing What Couldn't Be Done, in which he discusses his philosophy in detail.
Of course, there were plenty of presentations focused on finance. One of the best talks of the day came from a familiar name...
Longtime readers will remember our friend Dr. Richard Smith. Richard is a mathematics PhD – and former Stansberry Research subscriber – who built the excellent TradeStops trailing stop loss software we often recommend (and proudly call our corporate affiliate).
If you've been with us for long, his presentation will sound familiar...
Richard says there are three questions you must ask yourself before you buy any stock or investment:
The "catastrophe-prevention plan" we always recommend addresses these questions...
Following a trailing stop loss strategy tells you when to sell... proper position sizing tells you how much to invest... and using careful asset allocation helps you decide whether a particular investment is a good fit for you.
But Richard's presentation took these ideas to another level... He showed how his new TradeStops tools make it even easier to make – and automate – these decisions.
Richard showed how his "smart" trailing stops calculate the ideal trailing stop loss to use for any particular stock. For example, today, the smart trailing stop for blue-chip health care giant Johnson & Johnson (JNJ) is about 11%... while the smart trailing stop for electric-car maker Tesla (TSLA) is a huge 44%. Richard showed how using these smart trailing stops in place of a standard 25% trailing stop will help you maximize returns.
He also explained how using his new "equal risk" position-sizing tool helps you instantly know how much money to invest in any position based on the expected volatility of that stock.
In addition to making risk management easier, the new TradeStops offers something we've never seen anywhere else... It has tools that alert you when it's safe to buy back into a stock after you've been stopped out. You can learn more about the new TradeStops here.
Again, this is just a tiny sample of the great presentations from the Stansberry Conference Series event.
We also heard from hedge-fund manager Erez Kalir... Rich Checkan, president of Asset Strategies International... former Federal Reserve official Andrew Huszar, who ran the Fed's infamous quantitative-easing program... and a "must-see" presentation from Porter.
To get access to all of the event's great presentations, click here.
Date Range:10/8/2015 to 10/15/2015
Date Range:10/8/2015 to 10/15/2015