Ahead of the Curve
Nine Simple Ways to Create Wealth by Spotting Stock Trends
TREND TIP 1
Play the Six Degrees of Making Bacon
The Ripple Effect of Trends
Most people are familiar with the party game Six Degrees of Kevin Bacon: "I'm friends with Sally who has a cousin who designs sets for a director who works with Kevin Bacon." The point of the game is to link any person to Kevin Bacon through six steps or less, and it illustrates the larger "Six Degrees of Separation" theory that every person in the world is only six contacts away from knowing every other person in the world.
I have made millions by making a different set of connections and connecting the dots to an overlooked pot of gold. One of my most valuable techniques for picking stocks is to look for the "unlikely suspects." These are the companies that thrive as a supplier or the ancillary beneficiary of a trend, societal change, or economic or political driver.
While social scientists have studied how we as people are interconnected, little research has been dedicated to the significance of the relationship chai ... read full excerpt from Ahead of the Curve: Nine Simple Ways to Create Wealth by Spotting Stock Trends ebook