Dan AmossDan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which gained 462% as the stock fell from $45 to $12. And he called American Airlines’ bankruptcy long before the Chapter 11 filing, telling readers to short the stock, which tanked from $6 to just 26 cents.

Formerly, he was investment adviser to one of the top small-cap mutual funds in the country. He grew up on a semi-working small farm that his great-grandfather bought in 1907, learning thrift and the value of hard work through generations. 

This informs his drive to seek truth and expose frauds and promotions that suck in investors. He cut his teeth in finance interviewing management teams in “roadshows” and so knows the kind of BS they sell.

His bottom-up investing style focuses on management strategy, return on capital and the truth (and lies) buried in financial statements.

New Prophesy Buy: A New Day in the Saudi Kingdom Signals 120% Gains

With the passing of the Kingship from father to son, along with a rebound in the price of oil, Saudi Arabia is now a true emerging market on the world stage with enormous upside potential for focused investors. Using our unique Project Prophesy predictive analystic methods, Jim and Dan offer insight on how to best play this investment opportunity in Saudi markets ahead of the crowd.

Project Prophesy Portfolio Update

The stock market has been in a tug of war lately between fading stimulus from central banks and a big demand for stocks coming from corporate stock buybacks. Apple is the latest example of these buybacks, although bullish investors might be underwhelmed with the results, as Dan will explain. For now, read on for Dan’s open recommendations, including several earnings updates involving our portfolio