How to Prepare for a Black Swan Event

You’re probably familiar with the black swan theory from the famous book by Nassim Nicholas Taleb – The Black Swan: The Impact of the Highly Improbable.

The black swan theory clearly shows there are certain rare and unpredictable events which have extreme impact on our lives. Humans routinely react by developing simplistic explanations for these events only AFTER they happen!

Attempting to predict these black swan events is a fool’s errand. That’s why successful investors instead aim to build robustness to negative events and exploit positive ones.

The list is long, but here’s a few…

9/11 … the rise of the Internet (especially Google) … World War I … the recent S&P downgrade of the U.S. credit rating, the housing meltdown, the GM bankruptcy and going off the gold standard

All unexpected. And all having an extreme impact on our economy and your investments.

Do you agree with Taleb’s point: Don’t try to predict black swans, but rather defend yourself from the negative and prepare to exploit the positive?

Let’s Talk Turkey Now …

Our Wealth Summit in Palm Beach, FL (May 4-5, 2012), will focus on how you can do just that – defend against the negative and exploit the positive!

There is no doubt, we are living in extremely volatile times! You need to be armed for this battle like never before. I speak for all of the Investing Daily analysts when I tell you we are acutely aware of the gigantic problems we face.

For the sake of our families and yours, we do not take our commitment to you lightly. That’s why we bring you boots-on-the ground analysis and recommendations from all over the world.

Our single-minded goal is to help you protect and grow your wealth by being the ‘voice of reason’ in a chaotic world.

Find Out Where to Invest Your Money for YOUR Future!

As a loyal subscriber to one or more of our Investing Daily publications, you are cordially invited to a one-time opportunity to join all of our esteemed analysts, our Wealth Society members and myself at our annual Wealth Summit held at the casually sophisticated, Five-Star Four Seasons Hotel in Palm Beach, FL, on May 4-5, 2012.

You may know this Wealth Summit is an annual event held in a fabulous resort, exclusively for our Wealth Society members … and YOU! Just to give you a taste of what you would get as part of your membership in our Wealth Society, you’re able to attend just once without being a member of our prestigious Wealth Society.

Our Investing Daily analysts don’t just follow the herd. Nor do they listen to the politicians and pundits. Quite the contrary, they have one mission and one only … to be your voice of reason in this chaotic world and to make you more money and protect what you have. That’s it.

We Will Help You Guard Against Negative Black Swan Events and Exploit Positive Ones!

We will not attempt to ‘predict’ black swan events, but we will help you build robustness to guard against negative ones that occur and help you exploit positive ones.

And at our upcoming Wealth Summit next May, we will focus our attention on providing you insights and actionable advice from some of the sharpest investing minds in the world.

Let’s take a look at your speakers, so you’ll get a better idea of what’s in store for you if you are one of the fortunate few to join our Wealth Society members at this most important event.

And then we’ll talk about the fun stuff … the cocktail party, the fabulous Four Seasons in Palm Beach – and about the guest you can bring to enjoy all the festivities with

you. (Oh, and don’t forget your swimsuits!)

Your Speakers for the 2012 Wealth Summit in Palm Beach

Roger Conrad on …

Dividend Investing: The Winners’ Game

Elliott Gue speaks on …

Managing Risk and Building Profits in Volatile Markets

Yiannis Mostrous covers …

Surviving the New Investment World: Don’t Risk What You Can’t Afford to Lose

Benjamin Shepherd gives insights on …

Harnessing the Flock: How to Hedge Against and Profit from Black Swans

David Dittman on Canada & Australia …

Shelter from the Storm: The Commonwealth Protection Plan

Jim Fink’s guidance on options …
Using Options to Insure Your Portfolio

Two Sun-Filled Days to Meet Your Favorite Analysts in a Relaxed Atmosphere. And Maybe You’ll Want a Few Extra Days to Soak Up Some Rays and Play on the Beach!

Your oceanfront home-away-from-home, for as many days as you’d like to stay, will be the elegant, casually sophisticated Four Seasons Resort Hotel in Palm Beach, FL! This 5-star jewel captures the elegance of a beachfront home.

Because of its ocean-side location, the Four Seasons Resort Palm Beach specializes in fresh seafood and tropically influenced regional cuisine.

Regular price for the run of ocean rooms is $479 or more per night. And for all the opulence, I think that’s a bargain. But we were able to secure a special rate of only $195 per night, double occupancy.

You’ll find all details here!

So, Here’s the Deal …

I don’t want to rush you, but the truth is that we can only accommodate a limited number of attendees who are not Wealth Society members as yet.

Naturally, we have to ensure space for our Wealth Society members first – because it is, after all, a complimentary part of their membership. And each year, we extend an invitation to all Investing Daily’s loyal subscribers to attend ONE Wealth Summit … before joining as our newest member, if you choose.

Yes, it’s a really big deal!

Now the cost to attend this ONE-TIME, ‘invitation-only’, two-day event is only $795 for you, our loyal subscriber. And that entire amount can be applied toward your Wealth Society membership fee for up to 30 days following the event, if you choose to join. But first, please join us at the Four Seasons and determine if the Wealth Society is right for you. You may also bring a guest for free to the Friday-night cocktail party. And for an additional $195, your guest may also attend ALL the sessions, refreshment breaks, and Saturday’s Continental breakfast and lunch.

Register Now!

Or, if you can’t make it to the live event, you can attend all the sessions via a live webcast for only $495. You won’t be there in person, but you’ll still get to chime in, ask your questions and take part in the discussion. And even if you can’t make it on May 4-5, don’t worry … you’ll be able to watch the archived video as many times as you like, whenever you like.

Register for the live webcast!

Of course, I urge you to grab one of these slots and meet us all in person in Palm Beach. Because there’s nothing like getting to ask your tough investing questions of one of our analysts in person – and they’re more than happy to make themselves available after the sessions and during breaks.

The breakout sessions also provide a great opportunity to speak with our editors personally. And they don’t mind ‘talking shop’ during the Friday-night cocktail party either! In fact, they actually relish the opportunity.

Sometimes, I think they eat and sleep investing – it’s their passion, after all.

Go here right now, before you forget about it and wait too late. Register to attend our Wealth Summit. You won’t be disappointed.

On behalf of the Investing Daily analysts, we sincerely hope to see you in Palm Beach for our 2012 Wealth Summit. If you have any questions whatsoever, don’t hesitate to pick up the phone and talk to a helpful and friendly customer care representative at 800-832-2330 or 703-394-4931.

Important Note: When you register to attend the Wealth Summit, you are eligible to deduct the entire cost of $795 from your Wealth Society membership fee – if you choose to join the Wealth Society by June 5, 2012.

We just completed our membership drive, but I’ve managed to hold a few spaces open for this purpose. And you’ll be in very good company, I assure you.

You’ll be with other well-heeled investors like yourself who enjoy annual dinners with our analysts, quarterly conference calls and every single advisory service we publish – now 12, but by February, we’ll have 13!

And everything’s all on the Wealth Society’s website … right there at your fingertips.

As mentioned, our Wealth Society members attend their Wealth Summit every year as part of their membership. And this one time, we’re inviting you to join us.

The time could not be more crucial and the actions required more urgent. We’re living in extraordinary times, which call for extraordinary measures. We’ve learned to expect the unexpected and to protect ourselves against too much fallout.

At the Summit, we’ll explore how to be on guard for black swans, negative or positive ones, and how to capitalize on both. And we’ll cover it all at this year’s Wealth Summit in Palm Beach.

Get registered and be sure to make your hotel reservations well before the deadline, so the severely discounted room rate will still be available.

I really hope to see you there and get to know you personally.

Yours in profitable investing,

Phillip A. Ash
Chairman, Investing Daily Wealth Society

P.S. If you accept my one-time invitation to attend our Wealth Summit, I think you’ll feel like this investor: “I like the Summits and will plan to attend future ones. The personal contact and comments with the editors is something that greatly adds to the written communications. When new folks have used the program and seen the benefits, they will most likely continue to be members.” ~Kenny Griffiths

Or maybe you’ll agree with our Wealth Society member Richard Jacobs: “Seriously, I wanted to thank you for putting on a terrific program. I enjoyed it very much, and more – it was very worthwhile! The programs, breakfast, lunch and the opportunity to meet one-on-one with the editors– something I had not really expected when I signed up for the Wealth Society.”

P.P.S. Our Wealth Society enjoys a 92% renewal rate. So once you join us, chances are you won’t want to leave. That’s why we want you to get to know us and some of your fellow investors who have learned to trust the Investing Daily team year after year.

Don’t delay. Check your calendar, move things around if you have to – but plan to be there in Palm Beach, FL, May, 4-5, 2012. There’s simply nothing more important to do on those two days in May. Go register NOW!

And while you’re there, maybe you’ll make it a mini-vacation and stay a few days extra to enjoy surf-n-turf and the beach, and work on your tan or golf swing!

See you there.

Bringing You the ‘Voice of Reason’ in a Chaotic World!