Exclusive tips from Morgan Stanley CIO — Finding promising SPACs — King-size real estate investing
Dear Readers,
The period around Thanksgiving has given investors quite a bit to be thankful for: The S&P 500 finished last week at all-time highs and the Dow just capped off its best month since 1987. There's also bitcoin, which spiked to a new intraday record on Monday, adding to its 170%-plus return this year.
And while many investors are surely basking in these hefty gains, others are keeping one eye open, studying the landscape for signs of the next downturn. Morgan Stanley CIO and chief US equity strategist Mike Wilson is one of those people. A rare pundit who predicted the past two stock-market sell-offs, his advice is worth heeding.
Business Insider spoke exclusively with Wilson about the three methods he uses to see sharp declines coming, and how he's able to keep his bearings when the market does crash.
If you aren't yet a subscriber to Insider Investing, you can sign up here.
For more — including incisive analysis about the aforementioned market records — see below Business Insider's best Investing stories of the week, which include a wide array of additional recommendations, strategies, and tips for navigating uncertainty.
Thanks for reading!
-- Joe
How to find the most promising SPACs
David Goldsmith of Baron Funds explains how he and his firm are investing in SPACs.
Goldsmith says the increasing prevalence of SPACs makes sense as market uncertainty grows and new but later-stage companies try to access the public market. He offers the names of three booming SPACs that look appealing right now.
Read the full story here:
A portfolio manager at $38 billion Baron Funds shares his checklist for investing in the most promising SPACs — and names 3 of the booming 'blank-check companies' he finds attractive now
How to build a king-size real estate portfolio
Emma Powell, the owner of Highrise Group, naturally gravitated toward real estate after watching her childhood home be built from the ground up.
To build her empire, Powell employed a strategy she referred to as the "slow flip." Today, Powell owns 93 units spread across Arkansas, Idaho, and Utah, and has another 122 units under contract in Kentucky.
Read the full story here:
93 units with another 122 under contract: How Emma Powell built a king-size real-estate investment portfolio leveraging a simple strategy
Stock pick central
Seeking experts who are willing to name names? Look no further:
- GOLDMAN SACHS: Buy these 16 stocks that are underestimated for now, but should crush expectations in 2021-22 on the way to at least 20% upside
- Morningstar's top stock pickers say these are the 10 highest-conviction stocks they recommend — which top fund managers recently piled their money into
- Deutsche Bank says you need to own these 10 value stocks set to rise by as much as 52% as Europe gets a grip on COVID-19
- Buy these 10 stocks set to soar and smash Wall Street's expectations in the recovery from COVID-19, RBC says
- An innovation-focused portfolio manager at a $158 billion firm shares 8 disruptive stocks across multiple industries he thinks could grow 30% every year over the next decade
- Buy these 19 small-cap stocks that hedge funds have invested the most dollars in as smaller companies head for their strongest monthly outperformance ever, RBC says
- Goldman Sachs hedge fund VIP list has crushed the S&P 500 60% of the time since 2001. These are the 15 stocks hedge funds love and hate the most right now.
- MORGAN STANLEY: Buy these 4 undervalued aerospace stocks that will each surge at least 20% in 2021
- Buy these 20 deeply undervalued stocks expected to surge in 2021 – including one that could skyrocket 64%, Barclays says