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    <title><![CDATA[Profit from Pessimism with David Skarica]]></title>
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    <description><![CDATA[<p>The Profit from Pessimism podcast is hosted by Canadian-born Bahamian author and stock market virtuoso <a target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/DavidSkarica">David Skarica</a>.</p><p></p><p><a target="_blank" rel="noopener noreferrer nofollow" href="https://www.profitfrompessimism.com/"><strong>OFFICIAL WEBSITE</strong></a></p><p></p><p>—</p><p></p><p>In 1996, I began my investing journey at the tender age of 18. To my knowledge, I am the youngest person on record to obtain the Canadian Securities Course (CSC) license to trade securities.</p><p>Quickly, I realized that I saw things differently than most.</p><p>For example, in 1998, while everyone was raking in profits, I felt that the market had become another epic bubble like the 1920s bubble.</p><p>So, at 20 years old I wrote my first book, <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.amazon.com/Stock-Market-Panic-Prosper-Coming/dp/1896210937/ref=sr_1_2?crid=2PGCIZZETRDWQ&amp;dib=eyJ2IjoiMSJ9.KtEcNYDM5N9um3HUjPtkWqytunK3sk52pfEC08PcMV4.o5xiB9iM_1HHoki626K3_btt5ypv9RvlXJ9_Yn1d5go&amp;dib_tag=se&amp;keywords=stock+market+panic+skarica&amp;qid=1747362060&amp;s=books&amp;sprefix=stock+market+panic+skarica%252Cstripbooks%252C71&amp;sr=1-2"><em>Stock Market Panic!</em></a> In my book I recommended gold, which at the time seemed crazy; however, over the decade following my recommendation gold went from $250 an ounce to nearly $1,900 while the S&amp;P 500 lost value.</p><p>With the success of my first book, I decided to start a newsletter called Addicted to Profits.</p><p>By 2003, my Addicted to Profits newsletter portfolio’s performance was so strong and my recommendations were so profitable that Addicted to Profits was ranked fifth out of 300 market newsletters by <a target="_blank" rel="noopener noreferrer nofollow" href="https://stockfocus.com/">stockfocus.com</a>.</p><p>I also placed second in the 2003 <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.theglobeandmail.com/">Globe and Mail</a> stock-picking contest after my selection, Eldorado (EGO), gained 95% in 2003. In 2005, The Globe and Mail also featured me in the investment section for my unique approach to the markets.</p><p>If you aren’t familiar, the <a target="_blank" rel="noopener noreferrer nofollow" href="https://financialintelligencereport.com/">Financial Intelligence Report</a> is <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.newsmax.com/">Newsmax</a>’s longest-running investment report, and the amount of investment advice we provide each month is priceless.</p><p>This chance encounter led to my second book, <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.amazon.com/Great-Super-Cycle-Inflation-Devaluation/dp/0470624183"><em>The Great Super Cycle</em></a><em>.</em> The book was extremely successful, selling north of 40,000 copies, and was even the No. 1 investment book on Amazon for a period.</p><p>The book’s success led to me becoming an adviser with Newsmax and the rest is history.</p>]]></description>
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      <title><![CDATA[David Skarica "Mega Returns" Newsmax Interview • John Bachman Now (May 6, 2025)]]></title>
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      <description><![CDATA[<p>Newsmax's John Bachman interviews financial virtuoso David Skarica of Profit from Pessimism to discuss his new book, Mega Returns: Profit from Maximum Pessimism. </p><p></p><p>Click here for your copy: <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.newsmax.com/mega911/">https://www.newsmax.com/mega911/</a></p><p> --- </p><p>Official site: <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.profitfrompessimism.com/">https://www.profitfrompessimism.com/</a> </p><p>Patreon: <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.patreon.com/c/profitpess/">https://www.patreon.com/c/profitpess/</a> </p><p>Social Links: <a target="_blank" rel="noopener noreferrer nofollow" href="https://beacons.ai/profitfrompessimism/">https://beacons.ai/profitfrompessimism/</a> </p><p>Books: <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.amazon.com/s?i=stripbooks&amp;rh=p_27%3ADavid%2BSkarica&amp;s=relevancerank&amp;text=David+Skarica&amp;ref=dp_byline_sr_book_1">https://www.amazon.com/s?i=stripbooks&amp;rh=p_27%3ADavid%2BSkarica&amp;s=relevancerank&amp;text=David+Skarica&amp;ref=dp_byline_sr_book_1</a></p>]]></description>
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