How to Make 300% in the Stock Market Without Really Trying
This article is excerpted from Tom Yeung’s Profit Protection newsletter dated Aug. 11, 2022. To make sure you don’t miss any of Tom’s picks, subscribe to his mailing list here . In 2012, I made 300% returns in the stock market without really trying. It happened again in 2020… And then again in 2021… My secret? I bought companies in consolidating industries . For 2012, it was the airline industry. Ammunition in 2020. And coal in 2021. In each of these cases, a “terrible” industry would see profits rise 5x… 10x… 20x… after bankruptcies, liquidations and mergers left the industry with few remaining players. It’s a wellspring of easy profits. The strategy only works every several years
How to Make 300% in the Stock Market Without Really Trying
This article is excerpted from Tom Yeung’s Profit Protection newsletter dated Aug. 11, 2022. To make sure you don’t miss any of Tom’s picks, subscribe to his mailing list here . In 2012, I made 300% returns in the stock market without really trying. It happened again in 2020… And then again in 2021… My secret? I bought companies in consolidating industries . For 2012, it was the airline industry. Ammunition in 2020. And coal in 2021. In each of these cases, a “terrible” industry would see profits rise 5x… 10x… 20x… after bankruptcies, liquidations and mergers left the industry with few remaining players. It’s a wellspring of easy profits. The strategy only works every several years