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The End Of My Career
Porter's Journal Issue #53, Volume #2

Criticize Buffett, And I’m Blackballed Forever
This is Porter’s Daily Journal, a free e-letter from Porter & Co. that provides unfiltered insights on markets, the economy, and life to help readers become better investors. It includes weekday editions and two weekend editions… and is free to all subscribers.
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Table of Contents
What you’re about to read could end my entire career.
Why write this?
My longtime readers already know: I can’t help myself.
I write what I believe I would most want to know if our roles were reversed. And I write that every time, regardless of the consequences. Sometimes I wish I was normal. But I just can’t help it.
For the first time in my life, I am sincerely and honestly scared. I took on the entire federal government in 2002 – exposing an ongoing securities fraud at the Department Of Energy – and I wasn’t worried. That was dumb and naïve. But this will probably cause me even bigger problems than that.
There are things you are not allowed to say… Ever.
Readers who are new, you will think I’ve lost my mind. You will, almost surely, be offended and accuse me of deceit – or even fraud. Longtime readers will shake their heads and simply shrug. “That’s Porter…”
You see, I am about to reveal a very painful truth. It’s something that most of you will simply refuse to believe. No matter how sophisticated my analysis.
That’s a shame, because the lesson that lies behind this analysis is one of the most valuable things you could ever learn about investing.
And I promise, nobody will ever tell you this simple truth.
Understanding it will make wealth relatively easy to achieve. And that’s why no one will tell you these facts. And that’s why I’m essentially shooting myself in the face, in the hope that you’ll recognize this amazing truth about capitalism.
Actually, it’s even bigger than that…
This is part of a universal truth. Something that’s true about humanity, about nature, about physics. There is an underlying architecture. And this reveals it.
Ironically, most of you simply won’t believe this. It doesn’t matter that everything I write below is accurate and true. And is easily confirmed by any competent and honest analyst.
The really sad part? Most of you will stop reading out of disgust. The reality of humanity isn’t pretty. So before you call to cancel your subscription, before you call me a liar, let me tell you something about how I first came to recognize this unpleasant reality.
Let me tell you about my dad.