About Wealth Daily

The greatest investment advice I ever received didn't come from Warren Buffett, Peter Lynch, or my grandfather.

It came from a car salesman I never knew or met. And I'll bet you never heard of him either. He lives in California and his name is Carlos Gray.

Carlos grew up as the son of a migrant worker from Mexico and a WWII veteran from Rockford, Tennessee.

He never went to college, but that didn't stop him from becoming the richest person in his family. To date, Carlos' net worth is in excess of $9 million.

He didn't become wealthy by trading stocks or flipping real estate.

He did it in a most unique way. He did it by selling cars.

Mind you, Carlos doesn't own any car dealerships and never has. And he didn't sell expensive cars like Mercedes, Ferraris, Rolls Royces or Jaguars.

He built his wealth selling cars that sold for less than $20,000.

In fact, Carlos has sold so many cars, he was the #1 car salesman in California for 22 years straight.

His road to success started in 1979, when he took a sales job with an Oldsmobile dealership. Carlos' father - Ben -- was an Oldsmobile man and owned nothing but them. Carlos practically grew up in those cars. So selling Oldsmobiles came easy to him.

Within 3 months, he was emptying the dealership by the lot of the popular and powerful, Oldsmobile Cutlass. At his peak, he was selling over 30 Cutlass's per month.

But by April of the following year, Carlos was done selling Oldsmobiles.

You see, the Iranian Revolution of 1980 sent energy prices soaring... and as a result, crushed the auto industry in the US for big, luxurious, gas-guzzling cars.

But instead of panicking and looking for another career, Carlos did something that would make him a legend. He discovered an enormous opportunity selling Chevrolet's 48-mpg Chevette. His colleagues laughed at him, nicknaming the car the Sh!tvette.

And they made a prediction: Within a month Carlos would be back on his hands and knees begging for his job at Oldsmobile.

But Carlos knew with gas prices skyrocketing, that people would soon be lining up around the corner for this incredibly efficient car.

It paid off in spades.

The Chevette became the best selling car in America for the next two years... and Carlos became the top selling salesmen in the entire state.

That's when Carlos realized he found the secret to success: Always work for a dealership that sells the next hot car.

In fact, throughout his entire carrier, he never committed himself to one dealership, make or model of any car. That was his strategy. He didn't care about company or brand loyalty. And he sure didn't care if he sold American or Japanese or German automobiles.

He worked in over 20 different dealerships during his career... and sold thousands of cars.

Whatever the hot car was for the year, that's what Carlos sold. That strategy made him a fortune and a legend within the auto industry.

I'll admit it. When I first heard Carlos' story, I thought his strategy was somewhat common sense.

Of course he's going to have the highest sales figures. He's always just in front of the latest trend. He never let himself become too focused with one specific model or even make. And most importantly, he was ready to cut his ties without a second's hesitation.

I learned about Carlos right when I was starting out in the investment business with a large financial publisher in 1994.

Now I must confess that when I began my career in 1994, what I knew about the stock market wouldn't fill a shot glass.

But I wanted to learn everything about investing.

It would take a full 2 years before I felt confident enough to buy a stock. During those 2 years I read everything I could get my hands on regarding investments, stocks, and the economy - Beating the Street by Peter Lynch...Security Analysis by Graham and Dodd... and Extraordinary Popular Delusions and the Madness of Crowds by Charles MacKay.

I was also talking to and learning from the investment analysts and writers that also worked for financial publisher I worked for.

Between 1994 and 1996, I must've read over 100 books and journals about investing and human nature. I didn't know it at the time, but I had given myself the equivalent of a Master's degree in the Study of the Stock Market.

And I was ready to buy a stock.

I started to analyze sectors of the market... looking for trends where investment capital might go to in large chunks.

That's when I found 2 unknown stocks I wanted to buy.

Now I have to tell you something. Everybody I worked with fancied themselves "contrarians" or gold bugs. The stocks I was about to buy and recommend were the antithesis of contrarian thinking. In fact, it shocked my colleagues so much, the owner of the company requested a meeting with me... in order to tell me that what I was doing was dangerous.

Here's what he said verbatim:

"Brian, these stocks are the flavor of the month. They don't have any value whatsoever. These companies have no profits... heck they don't have any sales. I urge you to recommend gold stocks."

He was right, both companies weren't making a profit. But that didn't mean they were bad investments, because both companies had valuable patents and deals with bigger companies who were bullish on their early-stage products.

That's when I told him about Carlos Gray... and I said that for me, the 2 stocks I was about to recommend were akin to the Chevette of 1980 - 1981.

Then I asked him... "How do you make money when the asset class you're loyal to has been in a bear market for nearly 15 years? Because that's gold." Brian Hicks - Closure Medical Stock Recommendation

He couldn't answer my question.

So I went ahead and recommended the 2 stocks. They were Closure Medical and Microvision. Both were microcaps... and both were speculative.

I recommended Closure Medical in November 1996 for $5.75 a share. In March of 2005, Closure was acquired by Johnson & Johnson for $27 a share. Had you held on to that stock for that period, you would've made an average gain of 41% per year. However, I didn't hold onto it for that long. I sold it 9 months after my recommendation when the stock reached $30 a share.

It was the first stock I ever purchased or recommended... and it paid off 434%.

After that I ran the table. Over the next 4 years I made millions for my readers finding unknown technology and biotechnology stocks.

But by March 2000, the technology bull market was over.

Remembering the story of Carlos Gray, I immediately started looking for the next bull market.

I found it in commodities and housing.

But now that the housing bull is over, gold is emerging as the next hot spot... and so are tech stocks.

Investors who recognize that bull markets rotate among asset classes can quickly buy into those sectors at cheap levels.

And that's why I left the investment publication Taipan in 2003... and started Wealth Daily the following year.

I wanted to create an investment service that looked at everything as a possible investment.

You see, we view sectors and markets much like Carlos Gray viewed cars. One year Honda (technology) is hot... the next year it might be Toyota (energy), the following year it's SUVs and so on.

That's why sometimes we're contrarians, like we were in 2004 and 2005 when we loaded up on technology stocks.

We're long term bulls on energy because we're believers in Peak Oil. $20 trillion will have to be spent in the next 25 years to meet surging demand. We plan to profit the entire way, especially in the booming renewable and alternative energy sectors.

Other times, we'll play a well-established trend... like trading in-and-out of GPS-player Garmin.

We'll invest in value stocks, growth stocks, microcaps, small caps or big caps.

The big investment trends we see continuing and emerging over the course of the next several years are energy, technology, water, infrastructure build-out, commodities, and globalization.

But this might change... and new trends might emerge. If they do, we'll jump on it and make money. Period.

So I invite you to join us in this money-making journey.

I've assembled some of the best investment minds the market has to offer who are experts in various fields. And our record is second to none. For instance, Jeff Siegel, our resident "green" and alternative energy guru, has returned his readers an average of 74% since the start of 2005.

Some of his biggest winners include Ormat Technologies (+206%), US Geothermal (+262%), WorldWater Corp. (+563%), 72% in World Energy Solutions and Gaiam (+324%).

And take Greg McCoach, probably America's most successful gold and precious metals investor. For the past 7 years, his readers have profited an average of 202% every year!

His best performing stock? Polymet... a gain of +7780% since 2002.

If these kinds of gains interest you, then I urge you to join Wealth Daily. It's a one-stop-shop for making money in the stock market.

And we love making money for our readers.

Sincerely,

Brian Hicks

President, Wealth Daily

P.S. And if you're wondering about the second stock I purchased in November 1996, Microvision? Well we got in at $3.75 a share... by March 2000 it hit a high of $68.50.

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