Financially Forward: Gerald Harris

Here’s great news for everyone with a sweet tooth: The cake and cookies we’ll be eating in the relatively near future will look just as appetizing as usual and will also have the same tantalizing taste.  The great news is that it will also have an enzyme that reduces the amount of sugar absorbed into our bloodstreams.  In fact, it may even turn that sugar into a fiber that’s healthy for the gut.  

A few years ago, when stories first emerged about people eating bugs – or at least foods with bug content – they were dismissed as fake news, conspiracy theories, and the like.  Unfortunately, they proved to be all too accurate.  And the details we’ve learned since then make this story even more bizarre and disturbing.  

Billionaires are not necessarily perfect investors, but as a group most have a very high batting average.  That’s why there’s a certain amount of logic in studying what they buy and sell and to an extent following their lead.  This is true only up to a point because most of us are in very different circumstances, so what’s good for them is not necessarily good for us.  

In 1977 and in the following years, countless young people danced in discos to the tune of “Stayin’ Alive.”  That was a long time ago, but in a sense that title is even more relevant today.  The proof: Numerous people believe the sky is about to fall down, and they’re making elaborate plans to stay alive if the unthinkable happens.  

Who do you suppose is the best stock-picker in the world?  Arguably the answer is Warren Buffett, head of Berkshire Hathaway.  The investment publication Motley Fool takes this a step further and says he is widely considered one of the greatest investors ever.  And they have statistics that back their opinion.  

Energy experts say that the Strait of Hormuz is the world’s most important shipping route for energy.  It’s also the most dangerous.