10 Reasons I'm Thankful…

By Lou Basenese, on Wednesday, November 25, 2020

With Thanksgiving upon us, I’m forgoing our regular content and financial analysis to count my blessings, Trend Trader Daily style.

As you’ll see, many of these blessings are still financial-related. Sorry, I can’t help it…

  • I’m thankful for my losing stock recommendations from the past, as they keep me humble and working harder to perfect my craft.
  • I’m thankful for all my winning stock recommendations. I imagine you are, too. (No explanation necessary.)
  • I’m thankful to live in the United States where I can practice any religion, speak my mind freely, and should I feel so inclined, own a gun.
  • I’m thankful that I work with a team that keeps their word and is committed to delivering quality, no matter how much time and effort it entails.
  • I’m thankful for the 1980s. It was the only era where we could dress up like clowns, or in fluorescent colored clothing, and be considered fashionable. Also: the music of that era is unbeatable. Disagree if you must, but there’s no changing my mind.
  • I’m thankful for new relationships (both business and personal), as they prove that the rewards for enduring dark days and bad relationships far outweigh the struggles.
  • I’m thankful I escaped growing up in New Jersey without having a heavy accent. Otherwise, my professional career might have been severely stunted. No offense to youse other guys that weren’t as lucky.
  • Speaking of New Jersey, I’m thankful for Joey’s House of Pizza in my current hometown of Nashville. There’s nothing like authentic northeast pizza to stir up the nostalgia of growing up in the greatest part of the country.
  • I’m thankful the investment markets are dynamic. It keeps my job exciting and unpredictable, and ensures that no one can maintain an unfair advantage for long.
  • I'm thankful for my many investing mentors — Warren Buffett, Peter Lynch, Sir John Templeton, David Dreman, James Bagwell, and Alexander Green, among others.
  • I’m thankful for forgiveness. Without it, I would never have been able to spend an unforgettable weekend with my estranged brother last year before his untimely passing.
  • I’m thankful for our loyal Trend Trader Daily readers. Without you, I’d be muzzled and working for a bulge bracket Wall Street firm.
  • Most important of all, I’m thankful for my family... and my three kids, in particular. Their innocent laughter always seems to take away my concerns, even if just for a moment.

In case you’re counting, I didn’t stop at 10 reasons.

That’s because, even in these strange Covid-19 times, there’s more to be thankful for than to bemoan.

Or as Henry David Thoreau wrote, “I am grateful for what I am and have. My thanksgiving is perpetual.”

So if you’re feeling thankful, too, here are two ways you could consider giving back.

Two Actions to Take Today

First, take a moment to count your own blessings. I’m confident a mere 60 seconds of reflection will overwhelm you with gratitude.

Second, if I’ve ever done something to help make you money, make you laugh, or improve your financial wisdom, I’d ask that you consider joining me in donating to a very worthy cause:

The Roberto Clemente Santa Ana Health Clinic.

Located in Nicaragua, the second poorest country in the Western Hemisphere, the clinic provides free and low-cost medical care to over 30,000 patients in the isolated villages of Limon, Rancho Santana, and 27 surrounding communities.

Think prenatal care, basic prescriptions, treatment for asthma attacks and allergic reactions, and general checkups. Things we take for granted because walk-in clinics and hospitals abound in the United States.

Without the vision and passion of my friend and former boss, Julia Guth, the clinic would never have been built.

Here's the thing. As a U.S.-based 501(c)(3) non-profit organization, the clinic depends solely on private donations to continue operating. And giving, particularly in developing countries, is down significantly this year. At a time when Nicaragua severely needs it, too.

You see, not only is the country suffering through the pandemic like the rest of the world, but Nicaragua was also hit with two devastating hurricanes.

I recognize that times remain tough, and that countless other causes deserve your attention and consideration. As a decade-long supporter of the clinic, though, I can personally attest that even small contributions will make an immediate difference.

I’ll be making a donation today. And I hope you’ll join me.

After all, as the playwright Thorton Wilder said, “Money is like manure; it’s not worth a thing unless it’s spread around encouraging young things to grow.”

To donate, click here.

And if you cannot or choose not to donate, no worries. I’m thankful for your consideration, and for the continued confidence you place in me as a reader of Trend Trader Daily.

As always, if you have any thoughts you’d like to share, don’t hesitate to contact us at info@trendtraderdaily.com.

I wish you and your family a very healthy, safe, and happy Thanksgiving… whether you’re celebrating with them in person, or from afar.

Ahead of the tape,
Lou Basenese
Lou Basenese

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