Private Markets Are No Longer Just for Wall Street
Private Markets Are No Longer Just for Wall Street By Teeka Tiwari for Casey Research
Editor’s note: Yesterday, Palm Beach Research Group’s Teeka Tiwari told us how Wall Street picked the pockets of ordinary Americans through “crony capitalism.”
But that doesn’t mean you can’t level the playing field. That’s why today, we’re bringing Teeka back to explain a new opportunity that Wall Street’s been guarding for years. Below, Teeka reveals the details behind these “sweetheart deals”… and how you can get involved…
By Teeka Tiwari, editor, Palm Beach Venture
“The Big Yellow Banana, otherwise known as Teeka Tiwari.”
That’s what host Charles Payne called me when I appeared on his Fox Business Network show in August 2011.
You see, I’d appeared on Making Money with Charles Payne earlier that year in June. And Charles and his co-host had quizzed me about the best investments at the time.
“Paint me yellow and call me bananas,” I’d told them on the live June broadcast, “but I think Treasuries are a place where you can put some money right now.”
At the time, 10-year Treasuries yielded 3.75%. Just a year later, the 10-year yield had dropped to 1.3% – and the bond values had risen by as much as 14%. (As yields go down, bond prices rise.)
Two months later, Charles invited me back on the show. And he opened the segment with:
Teeka, you were on not too long ago, and you hit a couple of home runs there. You were right on just about every single thing. In fact, before we start, I’m going to give you props…
Then, he turned around and called me “The Big Yellow Banana.”
My appearance on Fox Business Network on August 10, 2011
Being called “bananas” on live TV didn’t bother me, though.
In fact, I have a 20-year track record of making unpopular – but correct – market calls. Despite getting mocked on live TV, I’ve stood firm.