Who Knew Used Cars Could Be Worth So Much Money?

Wow, Wall Street really missed the boat on this one…

Dear Loyal Reader, Can you imagine buying shares of an electronics superstore… Then waking up one morning to discover you'd also been given shares of a used-car dealer? That's exactly what happened with Circuit City and CarMax in this video Charles shared yesterday. It was all thanks to a glitch in the market. Yet, most of the big institutional investors on Wall Street immediately sold their shares of CarMax — no matter the price. And many everyday investors are so glad they did… Since its 2002 spinoff, CarMax's shares are up more than 1,200% — more than double the S&P 500's returns in the same time. That's despite the housing crisis, the financial crisis and COVID-19. It's amazing just how big of an advantage spinoffs can give Main Street investors. So, if you missed Charles' video yesterday, click below to watch it now. I can't wait to see what other spinoffs he's written in his personal pocket calendar… Click here now to check it out. Regards, Lina Lee Senior Managing Editor, Real Talk   (c) 2022 Banyan Hill Publishing. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Banyan Hill Publishing. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 866-584-4096) Legal Notice The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: http://banyanhill.com/contact-us Remove your email from this list: Click here to Unsubscribe