According to a recent Fed statistics, 44% of American's have less than $400 in savings, while the majority continue to live from paycheck to paycheck.
Put differently, over 100 million people cannot afford to pay a major car repair or health issue without using credit or insurance policies.
Corona Capital Management
A graduate of both Yale and the University of Chicago, John worked for Morgan Stanley and Lazard Freres in New York City before leaving Wall Street to pursue Value Investing with his own company. John is the co-founder of Corona Capital hedge fund.
A native of Toronto, Canada, John enjoys reading, swimming, sailing, and traveling. He is happy to be able to live in the Caribbean.
The Grandich Letter
About Peter Grandich Managing Member, Grandich Publications, LLC.
With no formal education or training, Peter Grandich entered Wall Street and within three years was appointed Vice President of Investment Strategy for a leading New York Stock Exchange member firm. He was the editor and publisher of four investment newsletters, and appeared on national TV and radio over 400 times.
Labeled the Wall Street Whiz Kid, Grandich gained national notoriety by being among the very few who not only forecasted the 1987 stock market crash just weeks before it happened, but on the very next day he predicted that within a year the market would reach a new all-time high which it did. Proving his 1987 forecast was no fluke, Mr. Grandich said in January 2000 that the year 2000 will go down as the year the great mega bull market of the 80s and 90s came to an end.
He speaks at numerous major investment conferences worldwide and was awarded Best Speaker Award eight times by the International Investors Conferences.
Grandich is the founder and managing member of Grandich Publications, LLC. Grandich Publications publishes The Grandich Letter. First published in 1984, it provides commentary on the mining and metals markets. In addition, the company also provides a variety of services to publicly-held corporations on a compensation basis.
In addition, Grandich is a member of the National Association of Christian Financial Consultants, and a long-standing member of The New York Society of Security Analysts and The Society of Quantitative Analysts.
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