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Bootstrapping, Part I
In this modern age of business, you don't need to go into debt to launch and run your grand enterprise. In this issue we discuss setting up your business for a fraction of what it cost just a generation ago. Focus Company This pharmaceutical firm, with its deep pipeline, is about to split into three separate units—a smart move by a brilliant CEO. The Penn New Frontier Fund This new thematic investment focuses on the disruptive companies that will help shape the future of technology. Under the Radar Four companies being ignored—or missed—by the financial press, in the following industries: electronic parts, trucking, automotive, and semiconductor equipment. The Trading Desk A look at what we are buying and selling, along with a look at what some other analysts are trading within their portfolios. Weekly Business Report We took a lot of profits off the table over the past few weeks; not because we are down on the market, but because they hit our price targets. |
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Last 10 most recent additions to Members-only pages...
- Tu, 16 Oct 2018: Updated mortgage, T-Bond rates; added JPM 5.2%, 5.5-year step up to ladder. Fixed Income Desk
- Tu, 16 Oct 2018: Off-balance sheet (OBS) financing. Financial Terms & Concepts
- We, 19 Sep 2018: Updated the Energy Sector page to include brief description and GICS® codes. Energy
- Mo, 17 Sep 2018: MoffettNathanson calls this internet company's accounting "smoke and mirrors," tanking shares. Trading Desk
- Fr, 14 Sep 2018: Wells Fargo downgrades a high-flying food and staples retailer. Trading Desk
- Th, 13 Sep 2018: Updated the Real Estate Sector pages to include brief description and GICS® codes. Real Estate
- Mo, 10 Sep 2018: KeyBanc just upgraded this $2.8 billion luxury home goods retailer after big drop. Trading Desk
- Fr, 07 Sep 2018: The fall Penn Wealth Asset Allocation tables are now available. Asset Allocation Strategy
- Th, 23 Aug 2018: Added a definition of biosimilars (as opposed to generics) in the pharma industry. Financial Terms & Concepts
- Tu, 24 Jul 2018: Added gross margin, operating margin, and net margin definitions. Financial Terms & Concepts
Penn Wealth, Helping You Achieve...
We are not human beings on a spiritual journey; we are spiritual beings on a human journey. |
The Penn Wealth Report is designed to help you build a life filled with wealth, success, and happiness. Money alone does not bring us happiness and success. Rather, money is one of but six pillars which support our lives and define who we are:
It takes only one of these pillars being out of whack to have a devastating effect on our lives. For many of us, sadly, most are lacking. We attribute our shortcomings to any number of different factors, never realizing the high level of control we have over each. On the other hand, if we learn to master these six pillars we can absolutely transform the quality of our lives, no matter our age, economic status, or circumstances. We will teach you the simple techniques needed for mastery over self. |
Strategic VisionDesigning the Blueprint:
Your Intuitive/Intellectual Self Strategy keeps a pilot's ship on course. |
This pillar represents your intuitive/intellectual self. Imagining your future in your mind, designing the blueprint to get there, and then acting with a steely determination to carry out your plans, irrespective of outside forces. Have you ever noticed how some people are able to make massive strides in life, adroitly handling challenge after challenge? They are no different from you, they have simply defined where they want to go in life and are constantly honing their skills—which is what you will learn to do as well.
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Command & ControlDeveloping the Mind & Body: Your Internal Self (Physical/Emotional Self Control)
Between the conception and the creation, between the emotion and the response, lies the shadow. |
This is where it either falls into place or falls apart for the majority of Americans. If you master this pillar, you can make your dreams come true with remarkable efficiency. This is the realm in which your habits—both good and bad—reside. It is the reason some people are able to achieve incredible success in their lives, while others flounder, despite their apparent advantages. Don't take this pillar lightly. Embrace it. Learn the techniques others have used throughout history to achieve great things. Vow to excel here, and you will be amazed at the wonders that await you on the path ahead.
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Harvesting GoldCreating & Defending Multiple Streams of Income: Your Professional Self
Pursue one great, decisive aim with force and determination. |
This pillar represents your professional self. It should be your passion in life—the profession you have chosen because it energizes you. It should not be a job you loathe but trudge to each day because you need the money. Sure, most of us have to do work we don't like until we can follow our passion, but the sooner you determine what you really want from life, the quicker you can exit the grind and follow your dream. Follow your dream, pursue your passion, and the money will most certainly come.
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Tactical AwarenessUsing the External Environment to Gain Advantage: Your Social Self
Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly and one by one. |
We don't live our lives in a vacuum. In fact, quite the opposite. Virtually every part of our day is affected by forces outside of our control. From news stories designed to elicit an emotional response, to constant interaction with others, we are pushed, pulled, and prodded like a pinball in a machine. But what if we looked at our external environment with a different perspective? What if we took what is happening in the world around us and used it to our advantage, using critical thought and rejecting the herd mentality? Tactical Awareness is about thinking differently; taking the path less traveled.
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Investment IntelMastering the World of Money: Your Financial Self
The intelligent investor is one who sells to optimists and buys from pessimists. |
After several decades in the arena of professional money management, we have worked with all types of clients and through all points of the economic cycle. We have seen irrational exuberance warp intelligent minds during peak periods, and extreme fear grip investors during market troughs. Investment intelligence means ignoring the emotions-based actions of the masses and, quite often, doing what feels uncomfortable. Proper asset allocation and risk management are fundamental to efficient wealth creation. At Penn Wealth, you will have an investment portfolio that is uniquely your own.
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The JourneyLiving with Divine Happiness: Your Spiritual Self
We are not human beings on a spiritual journey; we are spiritual beings on a human journey. |
With the realization that life is eternal, and that we are on but a tiny little speck of our journey, everything in the external world is put in perspective. The things we worry about on a daily basis, when viewed with this clarity, become virtually nonexistent. We were placed here, in this time and in this body, for the sole purpose of growing spiritually. Every action we take in life can either move us forward, or inhibit our growth. Understanding our purpose on this part of the journey will help keep us focused on what is truly important, and allow us to live with divine happiness.
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We are the sole owners of the information collected on this site. We only have access to/collect information that you voluntarily give us via email or other direct contact from you. We will not sell or rent this information to anyone.
We will use your information to respond to you, regarding the reason you contacted us. We will not share your information with any third party outside of our organization, other than as necessary to fulfill your request, e.g. to ship an order.
Unless you ask us not to, we may contact you via email in the future to tell you about specials, new products or services, or changes to this privacy policy.
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We take precautions to protect your information. When you submit sensitive information via the website, your information is protected both online and offline.
Wherever we collect sensitive information (such as credit card data), that information is encrypted and transmitted to us in a secure way. You can verify this by looking for a closed lock icon at the bottom of your web browser, or looking for "https" at the beginning of the address of the web page.
While we use encryption to protect sensitive information transmitted online, we also protect your information offline. Only employees who need the information to perform a specific job (for example, billing or customer service) are granted access to personally identifiable information. The computers/servers in which we store personally identifiable information are kept in a secure environment.
If you feel that we are not abiding by this privacy policy, you should contact us immediately via telephone at (913) 538-7174 or via email at member.services@pennwealth.com.