Right here at Funding U, we’re obsessed with sharing distinctive and helpful concepts. We attempt to uncover a number of the finest funding alternatives. To do that, we’re continuously scouring the web. Though, we will additionally study an excellent deal in-person. That’s why I lately attended the FreedomFest convention.
The occasion is normally in Las Vegas, however this yr it was in Fast Metropolis, South Dakota. It had a report attendance with guests from across the nation. Mt. Rushmore was additionally not far-off and a pleasant aspect cease for guests.
This was my first time at FreedomFest and it didn’t disappoint. It was 4 days packed stuffed with actions and concepts. Among the prime minds in finance and politics spoke on the occasion. And I’ve pulled some highlights from a few of these consultants.
To start out, let’s check out the FreedomFest convention as an entire. Then we’ll dive into some key takeaways from the audio system this yr…
FreedomFest is an annual convention that celebrates “nice books, nice concepts and nice thinkers.” The FreedomFest web site says it’s a non-partisan occasion that isn’t affiliated with any group. It attracts folks of all walks of life and throughout the political spectrum. Though, it does pull in a big libertarian viewers.
Irrespective of your political stance, there are many funding audio system and takeaways. One key theme was liberating up companies to create worth. However a number of discussions additionally coated large tech corporations having an excessive amount of management. On prime of that, cryptocurrency was a typical theme. Listed here are some extra highlights…
FreedomFest 2021 Speaker Highlights
Mark Skousen on the Minimal Wage Debate
It is a divisive subject however Mark Skousen introduced frequent sense to the stage. He highlighted the spectrum of headlines and defined them with financial logic. With a easy provide and demand chart, he confirmed that every headline centered on totally different elements of the equation.
Some retailers give attention to the advantages of upper pay, whereas others give attention to misplaced jobs. Each are essential impacts however there’s a 3rd as effectively. Extra folks apply to the roles that wouldn’t have utilized on the decrease pay. Nonetheless, companies get the brief finish of the stick…
Companies which have skinny revenue margins normally have to put off employees. The those who lose their jobs then are inclined to blame the companies. And for those who get the wage hike, their gratitude tends to go to the federal government.
Mark Skousen is an economist and trainer. He’s additionally the founding father of FreedomFest, alongside along with his spouse Jo Ann Skousen. On the FreedomFest convention, he performed a big function and helped reasonable different debates.
Alexander Inexperienced Tracks Insider Buying and selling
Alexander Inexperienced gave some perception into one among his prime funding methods. He tracks insider buying and selling to uncover shares with nice upside potential. He’s been doing this for a few years and has a powerful monitor report to again the technique.
Since firm insiders have extra data than most people, they will make extra knowledgeable choices. And with their elevated perception comes a requirement to file a Kind 4. Yow will discover these on SEC.gov they usually present us what number of shares insiders are shopping for and promoting.
Alexander Inexperienced confirmed us that insider promoting doesn’t give us a lot perception. Executives and different insiders would possibly promote for a variety of causes. Though, once they purchase a considerable amount of shares at market costs, that’s a constructive indicator. It’s additionally essential to take a look at the insider’s monitor report and different metrics earlier than following swimsuit.
To study extra about Alexander Inexperienced’s funding methods, you possibly can join his free e-letter beneath. It’s referred to as Liberty By Wealth and it’s full of investing suggestions and tips.
John Mackey Delivers Worth to All Stakeholders
John Mackey debated the aim of enterprise. Companies that ship worth for all stakeholders have a a lot increased probability of success. That’s in comparison with these whose solely objective is to maximise income.
Some corporations will minimize corners to drive revenue increased. Nevertheless, that isn’t sustainable. As a substitute, specializing in every stakeholder can result in higher services. John Mackey has proven the success of this strategy with Entire Meals. He’s the co-founder and CEO of the corporate.
John Mackey has additionally written a e book referred to as Aware Capitalism. He reveals readers that profitable organizations right this moment are creating worth for all stakeholders. This consists of prospects, staff, suppliers, traders and the atmosphere. It’s value a learn and John Mackey has additionally appeared at our Funding U convention. Right here’s a listing of a number of the prime funding conferences.
Jo Jorgensen and the Way forward for Capitalism
Jo Jorgensen spoke a number of instances on the FreedomFest convention. She was the 2020 presidential candidate for the Libertarian Occasion. Going by that course of gave her some distinctive perception to share.
One of many panels Jo Jorgensen spoke on coated the way forward for capitalism. And with historical past as a information, capitalism has produced a number of the finest outcomes. After all, there are challenges. However with free market enterprise, corporations solely succeed once they discover methods so as to add higher worth for his or her prospects.
As an investor, this could resonate effectively and anybody can put money into a number of the world’s finest companies. You have got the liberty to decide on the place you spend your cash and easy methods to make investments. With advances in expertise, the taking part in subject is extra degree than ever earlier than.
There have been some nice takeaways from the FreedomFest convention. And with these highlights, I’ve barely scratched the floor. Whether or not you’re on the lookout for funding or political concepts, I like to recommend checking it out subsequent yr.
As talked about above, you too can join Liberty By Wealth beneath. It’s a free e-letter that delivers a number of the prime investing alternatives. You’ll hear straight from Alexander Inexperienced, a bestselling creator. He’s additionally labored as an funding advisor, analysis analyst and portfolio supervisor on Wall Road for 16 years.
About Brian Kehm
Brian Kehm double majored in finance and accounting at Iowa State College. After graduating, he went to work for a cryptocurrency firm in Beijing. Upon returning to the U.S., he began working with monetary publishers and likewise handed the CFA exams. When Brian isn’t researching and sharing concepts on-line, you possibly can normally discover him mountaineering or exploring the nice open air.