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Two Safe Ways to Profit From the "Alibaba Shockwave Effect"

In the mid-1990s, I was fortunate to meet and start working with an Upstate New York money manager named Anthony M. Gallea.

The relationship began when I attended and wrote stories about some of the investment seminars he periodically held for prospective and existing clients. He then became a “source” for some of the investment stories I periodically wrote for Gannett Newspapers. And we ultimately collaborated on a pretty successful book about “Contrarian Investing” that was published by Prentice Hall.

Along the way, Tony shared some pretty important snippets of investing wisdom…

  • Who Uses Bitcoin Is Suddenly a Big Deal to These Businesses geek Every day it seems another big merchant is announcing that it will take Bitcoin. Last week, online retailer Overstock.com joined the growing list. But the rising interest among businesses in Bitcoin is not as puzzling as it seems. The typical Bitcoin user fits a profile that business owners find very enticing. This is what has merchants scrambling to adopt Bitcoin....
  • Palo Alto Networks (NYSE: PANW) Stock Latest to Jump After Major Cyber Deal cybersecurity

    Proving again that bigger is better in the fight against global cyber-attacks, another sizable cyber deal was inked late Monday.

    Santa Clara, Calif.-headquartered Palo Alto Networks Inc. (NYSE: PANW) acquired Silicon Valley startup Morta Security, described as "operating in stealth mode since 2012." Financial terms of the transaction were not disclosed.

    PANW stock rose 3.7% Tuesday on the news.

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  • How to Invest in Cybersecurity Internet security

    More and more companies are asking how to invest in cybersecurity, as the industry looks to be the only area of U.S. defense spending that will escape the looming budget cuts slated for March 1.

    As Money Morning Executive Editor William Patalon III explained in his recent report, "The Cyber-Hacking of America," the booming interest in cyber-defense stems from the increasing number of threats targeting the United States.

    Patalon said the intelligence community's National Intelligence Estimate, used to brief lawmakers, found "the U.S. is the target of a massive, sustained, cyber-espionage campaign."

    A separate report released last week by Virginia-based cybersecurity firm Mandiant Corp. found a Chinese military unit was behind cyberattacks on at least 141 organizations since 2006.

    "We know that the U.S. Federal Reserve has been hacked, we know that The New York Times has been hacked, and that's just the beginning," said Patalon. "This is going to be a major, major story and something that investors need to watch."


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