I’ve gotten a few questions about the new “True Alpha” pitch from Charles Mizrahi that uses “David and Goliath” imagery, so we’re checking that one out today… mostly because the idea of this firm having “a virtual monopoly on the future of 5G and IoT” piqued my interest.
Mizrahi’s letter extols his past success in picking stocks that have a “secret weapon” (that’s where the David and Goliath stuff comes in), and he particularly reiterates his successful pick of Huntington Ingalls (HII) a decade or so ago — I can confirm that he was touting that stock at the time, since he also teased it and I wrote about it in 2012, and it was a very successful pick coming out of the federal budget crises of the time (Mizrahi was writing a different letter at the time, for a different publisher).
Does that mean this next idea will be a big winner, too? I have no idea. Certainly not all of his picks are excellent (if you want some buzzkill, he touted Fairfax Financial for years and that hasn’t gone anywhere, though I also own shares, and he touted bluebird bio near its peak). But I’m willing to check it out.
So what’s the big idea? Well, the newsletter he’s pitching these days is his Alpha Investor Report, which will run you $79 (it’s also a little sneaky in that they provide a “trial” of Matt Badiali’s Real Wealth Strategist for free, but will autorenew both Real Wealth Strategist and Alpha Investor Report at $97/yr if you do nothing… so your $79 could quickly become $194/yr).
And the tease about being a key part of future 5G and IoT trends, which he says tally up to a $19 trillion industry, comes from the fact that they operate a constellation of satellites… so that’s going to narrow down our field of candidates very quickly. Here’s a bit from the ad:
“You see, despite all the hubbub about 5G and IoT, much of it won’t be possible unless these areas can communicate the data through these dead zones.
“And while goliaths like AT&T, Verizon and Sprint battle it out in the cities, there is only one company that can cover the sea, air and countryside.
“A small, 450-person company based in Virginia.”
So what does this company do that’s so special? More from Mizrahi:
“It starts with its secret weapon … low earth orbit satellites….
“… these particular satellites have a unique configuration that gives them global coverage.