Bill Cara

Help You Invest

The Many Risks to Cannabis Industry Investors

The interest in cannabis today is as high as a kite. Seriously. It is time to think about investor risk because green will not always be the prevailing color. At times there will be a sea of red, and many, perhaps even the majority, of the current industry players will

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Review of the Silver Miners

This week we review the corporate fundamentals and technical market data of eight silver-focused mining companies. Of the 19 stocks we currently hold in our Natural Resources portfolio, only one is a primary silver miner. We’ll show readers why we picked the one we did. We selected this week’s topic

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Living In A Bubble

This week saw the Russell 2000, Nasdaq-100, and Russell 1000 Growth Indexes return to all-time record highs. The S&P 500 and Dow, weighed down by the Financials, are slightly lagging the higher beta, growth indexes. The reason for the strong move in the indexes off the early May lows is…

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The Yen Trade

Many investors remember the Yen Carry Trade, popular back when interest rate differentials between Japan and an investor’s home country were sizable. Recall that the yen carry trade involves borrowing in yen at their rock-bottom interest rates, then exchanging the borrowed yen for a currency in a high interest rate

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Cannabis. Budding Opportunity or Bubble?

The American public is recognizing that the U.S. cannabis industry is developing rapidly. Many of us on the inside understand there will be no holding back because cannabis, like cell phones (the IBM Simon introduced digital mobile phones in 1990) and then the Internet (which became publicly available August 1991),

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Value Investing Is Dead. Long Live Value Investing.

During the Financial Crisis, an innovative website created the hedge fund “implode-o-meter” to track the number of funds that went “tits up” in the extreme market conditions. The collapse of the housing sector and credit crunch taught hedge fund managers of the dangerous double-edged sword that comes with excessive leverage.

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Data-Driven Stock Selection

There is no such thing as an undisciplined stock picker, at least not one who is a successful portfolio manager. Finding something good to buy in capital markets requires looking for it and that requires orientation. Some call it style; we call it discipline. To find a good value stock

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Making Head or Tails of the Currency Market

We have not discussed the currency market for a while. However tracking movements in currencies is crucial in trying to decipher what is happening in other financial markets. And regardless whether or not you trade or hold foreign currencies in your portfolio, the relative strength of the dollar affects your

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Natural Resources April 2018

The WMA Cara Natural Resources Portfolio Strategy offers exposure to precious and industrial metals, energy and other basic materials required by a growing world economy. Using rigorous investment analysis, we invest in a portfolio of 12 to 20 fundamentally attractive companies with market entry and exit timing based on our

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US Top Picks April 2018

The WMA Top-Picks Portfolio seeks to relatively out-perform the broad U.S. equity market, as measured by the Russell 3000 Index.  The selection relies on the WMA Total Market Techno-Fundamental Allocation Model, which screens a comprehensive list of companies of all market capitalizations. Based on a fundamental scoring methodology, companies are

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