This week I am really delighted to be able to give you a condensed version of Gary Shilling's latest INSIGHT newsletter for your Outside the Box. Each month I look forward to getting Gary's latest thoughts on the economy and investing. In his 2009 forecast issue he suggested 13 investment ideas, all of which were profitable by the end of the year. Last year he gave us 16, of which the large majority hit the mark. It is not unusual for Gary to give us over 75 charts and tables in his monthly letters, along with his commentary, which makes his thinking unusually clear and accessible. Gary was among the first to point out the problems with the subprime market and predict the housing and credit crises. His track record in this decade has been quite good. I want to thank Gary and his associate Fred Rossi for allowing us to view this smaller version of his latest letter, where he gives us 18 investable strategies for 2011.
If you are interested in subscribing to his letter, his website is down being redesigned, but you can write for more information at firstname.lastname@example.org. If you want to subscribe (for $275), you can call 888-346-7444. Tell them that you read about it in Outside the Box and you will get the full 2011 forecast with price targets, plus an extra issue with his 2012 forecast (of course, that one will not come out until the end of the year. Gary is good but not that good!) I trust you are enjoying your week. And enjoy this week's Outside the Box.
Oh, and I can't resist. Remember that list of the payroll differences between private and federal employees I had in the last letter? Rob Arnott wrote and pointed out that the biggest differential was in the cost of public relations personnel. I guess the cost of high-quality practitioners of "spin" is seen as a necessary expense of our government.
Your enjoying the irony analyst,