Tiwari’s “my top pick for the 2020s is in a technology I call ‘Genesis'”

What are the investments teased in the latest Palm Beach Letter ad presentations?

By Travis Johnson, Stock Gumshoe, June 23, 2021

Teeka Tiwari’s basic pitch for his “Genesis” idea has not changed dramatically in the last year or two, he spent a long time pushing previous ads with headlines that he had “just returned from Trump Tower” during the election campaign, since that got plenty of attention, but of late he’s launched a new “presentation” about this same blockchain topic… and he continues to tease the idea that he has three stocks to recommend in this space.

So are they the same as before? The offer is still the same, a subscription to Palm Beach Letter for $49 (renews at $129), but let’s dig in and see how the details might have changed in the past 18 months…

The basic pitch is that blockchain is going to revolutionize the world, and that all the big guys are invested in it and we’re just getting started, with massive gains coming… and that Tiwari’s average gain of 281% indicates he’s the guy to make you rich on this trend.

The argument is that this blockchain “Genesis Technology” is about to go mainstream and reach heavy adoption, and that as it becomes a huge part of the global economy you’ll get rich if you own the right stocks. Which, of course, he can tell you about, for $49.

To be fair, Teeka Tiwari was one of the early mainstream newsletter guys who was recommending cryptocurrencies early on, back in the Summer of 2016, and particularly got into Ethereum before most pundits, so he’s not making up those historically excellent returns he probably had at that time.

I would imagine that Ethereum pick in 2016 is probably a big part of what boosts the high average return that he brags about for his newsletter portfolio, much like the early picks of Netflix or Amazon fuel David Gardner’s average performance at the Motley Fool, and Tiwari these days is probably recommending little tiny cryptocurrencies right and left to try to replicate that 1,000%+ return magic. If he just bought Ethereum when he teased it back in 2016, as I recall it was in the $25 neighborhood (I bought a little at the time myself), then he would be sitting on roughly 15,000% gains from that position today (and it would have been closer to 25,000% a month ago).

He says he has made 63 recommendations over those years, so if you keep it simple and just use division, if all of the other recommendations averaged out to zero he’d have an average return per recommendation of about 240% right now (or 396% at Ethereum’s high last month). So the 281% number he claims may well be true, even though those are annualized gains and not total five-year returns, partly because he recommended some even more speculative tiny cryptocurrencies that also soared much higher, and partly because he’s also been recommending tech stocks for the past few years and that whole market, as you’re well aware, has soared… whether that’s likely to be predictive of his future returns is another question entirely.

But this tease is about blockchain-related stocks, not buying cryptocurrencies directly — so let’s find out what he’s pitching, shall we? From the ad:

“Bitcoin is not my #1 pick for the 2020s. What I’m recommending today is something different and something much bigger than Bitcoin….

“In total, car manufacturers are spending at least $30 billion right now to implement this technology …

“Shipping…

“FedEx, UPS, Penske… they’re all changing the way they ship products because of “Genesis”…

“Biotech…

“Moderna just announced they will use the tech to open up the country even faster… and it should help greatly slow down the spread of deadly viruses in the future.”

And Tiwari does make the point that he’s using somewhat of a “shotgun” approach in hot trends…

“… just one Microsoft or one Amazon in your portfolio can make up for a string of duds.

“Which is why I never recommend putting all your eggs in one basket.

“You want to talk about secrets?

“Everybody should write this down…

“One of my biggest secrets to the outlandish performance I’ve been able to show is that by taking small, smart positions in the significant trend of the decade…

“You greatly increase your odds of landing a whopper of a winner.”

That’s not always easy to manage, at least on an emotional level, but it&#