Brush With Brilliance: Hot Wings, Hot Ideas

All the talented Real Money contributors regularly meet with their "cabals" for stock market ideas, and I do this often as well, reporting back under the heading "Brush With Brilliance." Last year, I described an idea lunch I have regularly at a Hot Wings restaurant in Pasadena with a group of the smartest stock pickers I know. I christened this group the Stock PICkers, and they never fail to arrive with impressive insights. We sat down last week to trade ideas, and these are the thoughts that caught my attention.

One surprise was that two of the group, "John the Eldest" and "The Pearl", are speculating in real estate (which I mentioned in this post on the housing market). One is buying land in the Hamptons with a business partner, the other is arranging a deal to develop townhouses in southern California with an experienced developer friend....468 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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