INTRINSIC VALUE WEALTH REPORT NEWSLETTER

~ Un-Common Sense In An Irrational World: We Challenge the Conventional Wisdom^TM ~

Are You Having Any Success Raising Capital? We Are!

Our affiliated investment banking firm, Entoro Capital, has recently launched the crowdfunding service of its Offerboard investment platform. So now, Offerboard can list Reg CF offerings (Equity Crowdfunding), in addition to Reg D 506c offerings and Reg A+ offerings.

Please see the Intrinsic Value Wealth Report Newsletter’s Commentary for October 19, 2024 to learn about Equity Crowdfunding and other offering types.

If you are interested in raising capital for your enterprise, please contact Dr. Paul Wendee, pwendee@pmwassoc.com, 949-919-2853 (office) or 949-246-1694 (mobile).

Entoro Disclosure: The information contained herein is not intended as a recommendation and does not constitute an offer to sell or a solicitation of an offer to buy securities. The information contained is for informational purposes only and should not be used as a basis for an investment decision. Entoro offers a variety of brokerage and advisory services and additional information can be found in our client relationship summary (form CRS). Investing involves risk, and there is the possibility of losing some or all your money when investing in securities and related instruments. Investment in Private Securities is highly speculative and illiquid, and investment decisions should only be made if you are able to sustain the loss of the entire investment and if you have no need for liquidity, as you should not assume you will have the ability to resell private securities. Private placement securities are generally only available for sale to accredited investors, as defined in the Securities Act of 1933. Investors should refer to the offering documents for detailed risk factors and considerations associated with private placement investments. Private placements securities have not been registered under the Securities Act, or applicable state securities laws, and are sold in reliance on exemptions from registration under the Securities Act and are therefore not required to comply with specific disclosure requirements that apply to securities registered under the Securities Act, amongst other differences. The Investment products described herein may not be offered for sale in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful or prohibited by the specific offering documentation. Entoro Capital, LLC, is the parent company of OfferBoard, LLC and Entoro Securities, LLC. Entoro Securities, LLC, is registered with the Securities and Exchange Commission (SEC) as a Broker-Dealer and is a member of FINRA and SIPC. Securities offered through Entoro Securities LLC, Member FINRA SIPC. Not FDIC insured, not bank guaranteed, and may lose value.

Complete disclosures can be found at: https://www.entoro.com/disclosures

Entoro Securities Client Relationship Summary (form CRS): https://docsend.com/view/33d5u4kpatp6x92g

~ Un-Common Sense In An Irrational World: We Challenge the Conventional Wisdom^TM ~

Jim Woods Presentation to University Investment Class

Jim Woods gave this excellent presentation to a university class on investments that I teach. It is an excellent presentation on some of Jim’s investment principles, investment methodology, and investment philosophy.

Jim Woods is a 30-plus-year veteran of the markets with varied experience as a broker, hedge fund trader, financial writer, author and newsletter editor.

He’s the editor and investment director of Successful Investing, Bullseye Stock Trader, High Velocity Options, Crypto & Commodities Trader, and The Deep Woods e-Letter (Jim also co-directs the Fast Money Alert trading service, alongside Dr. Mark Skousen.)

The independent firm TipRanks has rated Jim the #1 financial blogger in the world (out of more than 14,000 competing analysts), and has been ranked inside the Top 12 globally for more than a decade.

His books include co-authoring, “Billion Dollar Green: Profit from the Eco Revolution,” and “The Wealth Shield: How to Invest and Protect Your Money from Another Stock Market Crash, Financial Crisis or Global Economic Collapse.”

His Top Pick was the #1 Performing Stock out of 120 in the MoneyShow’s 2022 Top Pro’s’ Top Picks Report. His pick led the way out of the picks of the nation’s leading financial experts.

His articles have appeared on many leading financial websites, including StockInvestor.com, InvestorPlace.com, Main Street Investor, MarketWatch, Street Authority, Human Events and many others.

Jim formerly worked with Investor’s Business Daily founder William J. O’Neil, helping to author training courses in the CANSLIM stock-picking methodology.

He is known in professional and personal circles as “The Renaissance Man,” because his expertise includes such varied fields as composing and performing music; Western horsemanship, combat marksmanship, martial arts, auto racing and bodybuilding.

Jim holds a BA in philosophy from the University of California, Los Angeles, and is a former U.S. Army paratrooper. A self-described “radical for capitalism,” he celebrates the virtue of making money from his Southern California horse ranch.

To view this video, go to our Intrinsic Value Wealth Report TV page on YouTube, or click on this link to go directly to the video: Jim Woods Presentation to University Investment Class. You can also see a directory of our YouTube videos by clicking here.

~ Un-Common Sense In An Irrational World: We Challenge the Conventional Wisdom^TM ~

John Rock Foster’s Presentation on Economic History and Austrian Economics

John Rock Foster gave this excellent presentation to a university class in Macroeconomics that I teach. It is an excellent presentation on economic history and Austrian Economics. John Rock Foster, President of Middle School MBA, has the mind of an entrepreneur and the soul of a teacher. John is an author, executive, angel investor, and lifelong student of markets. According to John, “…his career failed its way through process engineering, operations, business management, M&A, and corporate strategy; finally failing big enough to exit. He now teaches kids the lowdown on business and entrepreneurship, hoping they will fail bigger and sooner.”

To view this video, go to our Intrinsic Value Wealth Report TV page on YouTube, or click on this link to go directly to the video: John Rock Foster’s Presentation on Economic History and Austrian Economics. You can also see a directory of our YouTube videos by clicking here.

~ Un-Common Sense In An Irrational World: We Challenge the Conventional Wisdom^TM ~

Introduction to Business Power Tools – Video 3

In this three part video series, Dr. Paul Wendee interviews Burke Franklin, founder and creator of Business Power Tools. This is the third and last video in this series.

Business Power Tools is a suite of templates, software, and resources designed to help entrepreneurs, small business owners, and consultants with various aspects of business management and planning. It offers a range of customizable templates and guides for business plans, financial projections, employee management, investor presentations, and marketing strategies, making it a comprehensive toolkit for those looking to streamline business development processes.

To view this video, go to our Intrinsic Value Wealth Report TV page on YouTube, or click on this link to go directly to the video: Introduction to Business Power Tools – Video 3. You can also see a directory of our YouTube videos by clicking here.

~ Un-Common Sense In An Irrational World: We Challenge the Conventional Wisdom^TM ~

ECONOMIC FORECASTS: Fourth Quarter 2024 Survey of Professional Forecasters

Forecasters Predict Higher Near-Term Growth, Lower Headline Inflation, and Lower Risk of a Negative Quarter in 2025

[Source: Federal Reserve Bank of Philadelphia’s Survey of Professional Forecasters; Release date November 15, 2024] The near-term outlook for the U.S. economy looks better now than it did three months ago, according to 33 forecasters surveyed by the Federal Reserve Bank of Philadelphia. The forecasters predict the economy will expand at an annual rate of 2.2 percent this quarter and 1.9 percent in the first quarter of 2025, up from the predictions of 1.7 percent in the last survey. On an annual-average over annual-average basis, the forecasters expect real GDP to increase 2.7 percent in 2024 and 2.2 percent in 2025.

The forecasters see little change in the outlook for the unemployment rate from the survey of three months ago. On an annual-average basis, the forecasters expect the unemployment rate will increase from 4.0 percent in 2024 to 4.3 percent in 2025, and then decrease to 4.1 percent in 2027. These projections are within 0.1 percentage point of the projections from the last survey.

On the employment front, the forecasters also predict little change in job gains for 2024 and 2025. The projections for the annual-average level of nonfarm payroll employment imply job gains at a monthly rate of 208,400 in 2024 and 134,100 in 2025. (These annual-average projections are computed as the year-to-year change in the annual-average level of nonfarm payroll employment, converted to a monthly rate.) 

The forecasters expect current-quarter headline CPI inflation will average 2.2 percent at an annual rate, down from their prediction of 2.5 percent in the previous survey. Headline PCE inflation over the current quarter will also be slightly lower at an annual rate of 2.0 percent. The prediction for current-quarter core CPI inflation of 2.9 percent, on the other hand, is higher than that of the previous estimate of 2.6 percent.

Projections for headline and core CPI and PCE inflation in 2025 and 2026 are little changed compared with those of the previous survey.

Over the next 10 years, 2024 to 2033, the forecasters expect headline CPI inflation to average 2.23 percent at an annual rate, slightly lower than the estimate of 2.30 percent from the previous survey. The corresponding estimate for 10-year annual-average PCE inflation is 2.10 percent, unchanged from the previous prediction.

The forecasters see the likelihood of a downturn in real GDP this quarter at 8.9 percent, down from the previous estimate of 21.0 percent. They have also lowered their probability estimates for negative growth for the following three quarters, compared with their previous estimates.

Go to the Federal Reserve Bank of Philadelphia’s Survey of Professional Forecaster to see the complete report.

~ Un-Common Sense In An Irrational World: We Challenge the Conventional Wisdom^TM ~

Introduction to Business Power Tools – Video 2

In this three part video series, Dr. Paul Wendee interviews Burke Franklin, founder and creator of Business Power Tools. This is the second video in the series.

Business Power Tools is a suite of templates, software, and resources designed to help entrepreneurs, small business owners, and consultants with various aspects of business management and planning. It offers a range of customizable templates and guides for business plans, financial projections, employee management, investor presentations, and marketing strategies, making it a comprehensive toolkit for those looking to streamline business development processes.

To view this video, go to our Intrinsic Value Wealth Report TV page on YouTube, or click on this link to go directly to the video: Introduction to Business Power Tools – Video 2. You can also see a directory of our YouTube videos by clicking here.

The last video in the Business Power Tools series will be released shortly.

~ Un-Common Sense In An Irrational World: We Challenge the Conventional Wisdom^TM ~

Modern Portfolio Theory; Behavioral Finance; and the Remarkable Story of US Airways Flight 1549

Please join us in an informative and lively discussion of Modern Portfolio Theory and Behavioral Finance with financial industry veteran Joe Hart. This discussion was given as a presentation to a senior class of finance majors at a major Southern California university.

Joe will also give a personal account of the “Miracle on the Hudson” which involved US Airways Flight 1549 that made an emergency landing on the Hudson River after striking a flock of birds on takeoff in 2009. Spoiler Alert: Joe was on that flight!

To view this video, go to our Intrinsic Value Wealth Report TV page on YouTube, or click on this link Modern Portfolio Theory; Behavioral Finance; and the Remarkable Story of US Airways Flight 1549 to go directly to the video. You can also see a directory of our podcasts and YouTube videos by clicking here.