Larry Edelson (1954 – 2017), Founder
Larry was a modern day Nostradamus who remained actively involved in his research until his very last days. He was a deep thinker about the future and practiced what he preached.
While studying economic anthropology at Columbia University, Larry gained a unique perspective into the rise and fall of civilizations: how greed, fear, love and hate are cyclical and repetitive not only in individuals, but in groups and entire societies and civilizations.
Larry spent countless hours developing research tools and computer models to map these cycles and the patterns they forecast. He used these tools to help investors protect their money in the stock market crashes of 1987, 2000, and 2008. Just as important, he also guided investors through the rallies, helping them build wealth in good times and bad.
Over the next 5 years, Larry believed, markets will behave in ways most investors won’t expect, as waves of capital move to places of safety. Investors who understand this can protect and grow their money. Those who don’t, stand to lose everything.
This is why Larry established The Edelson Institute: to educate investors like you – investors who know the information they’re getting from the media and many advisors is suspect or downright wrong.
The Edelson Institute’s goals reflect Larry’s life’s work: to not only help you increase your knowledge, but to also help you make more money AND protect your wealth.
Martin D. Weiss, PhD. Chairman, The Edelson Institute.
Dr. Weiss began his career in 1971 when he founded Weiss Research, dedicated to economic research and evaluating the safety of financial institutions.
After working in Japan as a Fulbright Scholar, Dr. Weiss returned to the United States in 1980 to begin issuing ratings on banks and savings institutions. He issued the nation’s first independent insurance ratings in 1989, the nation’s first HMO ratings in 1994, and the nation’s first safety-oriented ratings on stocks in 2001.
Unlike major Wall Street rating agencies, Weiss is free of any conflicts of interest, never accepting compensation from the rated companies. That’s why the U.S. Government Accountability Office (GAO) found that Dr. Weiss’s ratings of insurance companies greatly outperformed those of Moody’s, Standard and Poor’s, A.M. Best and others. It’s also why a study in the Wall Street Journal reported that his stock ratings outperformed those of all major Wall Street banks and research organizations.
Dr. Weiss has testified several times before Congress, spoken frequently at major educational forums and appeared on most major television networks in the U.S. and overseas. He has presented papers on the economy and financial institutions to the U.S. Senate, U.S. House of Representatives, the National Press Club, the Securities and Exchange Commission, the U.S. Federal Reserve, and others.
His educational background is diverse: Dr. Weiss studied economics and finance under the mentorship of his father. He earned a B.A. degree in political science from New York University; a Ph.D. in cultural anthropology from Columbia University; and fluency certifications from the Berlitz School of Languages in various foreign languages, including Cantonese, French, German, Japanese, Mandarin, Portuguese and Spanish.
Mike Burnick, Executive Director, The Edelson Institute; Editor, E-Wave Trader:
Mike Burnick has over 25 years of professional investment experience, and worked side-by-side with Larry Edelson since joining Weiss Research in 2003.
Mike has been a Registered Investment Adviser and portfolio manager responsible for the day-to-day operations of a mutual fund. He also served as Director of Research for Weiss Capital Management, where he assisted with trading and asset-allocation responsibilities for a $5 million ETF portfolio.
He is a frequent guest commentator on CNBC, Fox Business News, Bloomberg TV and nationally syndicated financial talk-radio programs.
When asked one thing he learned from Larry he will never forget, it is one of Larry’s mantra’s: “Markets are people.” That, is the very foundation of all cycles research.
When he’s not working, Mike can be found several miles out in the Gulf Stream in his fishing boat, going after sailfish, marlin, mahi mahi, or whatever happens to be biting at the moment.
Wayne Burritt, Executive Editor, The Edelson Institute:
Wayne has over 29 years of experience in financial writing, investment analysis, and business development.
Before starting Burritt Research, Inc. Wayne was a senior equity research analyst and editor for Weiss Research, a nationally acclaimed independent research firm. He directed all fundamental and editorial aspects of a variety of domestic and international option and stock services.
Prior to his tenure at Weiss, Wayne was an equity analyst, marketing and trading specialist for Pan-American Financial Advisers, a boutique investment management firm. He provided security analysis, marketing support, and trading services for a large portfolio team engaging institutional and high net worth clients.
Wayne also produced and starred in the critically acclaimed stock market radio show Inside the Market while at Pan-American Financial. Wayne has also held positions as Managing Director, Senior Credit Analyst, and Controller. He holds an MBA from Golden Gate University and a BA in English and Philosophy from Indiana University.
David Dutkewych, Chief Trader, E-Wave Trader and The Edelson Institute:
David Dutkewych first met Larry Edelson as a graduate student in 2001, and has worked side-by-side with Larry ever since.
David has over 15-years of professional investment experience, working in a number of different roles within the financial services industry. He has held positions as an investment associate, financial analyst, market analyst, commodities analyst, trader, and writer.
Previously, David worked at Weiss Research as a trader and market analyst for a number of years before joining a small wealth management company and later served as the Director of Advertising Operations at Bankrate, a NYSE listed financial services company. David is currently the Chief Trader of E-Wave Trader. He also served as the editor of The Weiss Million-Dollar Ratings Portfolio Newsletter.
David is a CFA Charterholder and is a member of both the CFA Institute and The CFA Society of South Florida. He holds a bachelor’s degree from the State University of New York at Geneseo and he received his MBA from Palm Beach Atlantic University.
David has three children, all boys. In his free time, David “keeps the dream alive,” playing men’s league hockey at least once a week.
John Isaacson, Chief Technical Analyst, E-Wave Trader and The Edelson Institute:
John Isaacson began his career in the financial markets in 1995 as a technical analyst for Commodity Trend Service. He has taken that early experience and passion into a wide-array of positions throughout the industry, from market analyst, trade execution, trading system development and as a proprietary trader.
Following John’s tenure as a floor broker at the Chicago Board of Trade, he gravitated upstairs to a prominent Chicago Futures Commission Merchant (FCM) as an execution trader servicing the firm’s top clients. He also provided daily analysis of the Energy and Treasury markets and traded firm capital in the U.S. Treasury market.
From there he joined a commodity research boutique, specializing in the energy and equity markets. His unique blend of fundamental and technical analysis, along with respect for risk management offered a dynamic skillset to a wide-reaching client base. He was also contributing editor to The Hightower Report’s Weekly Market letter. John graduated from the University of Florida with a B.S. degree in Agri-business management. He lives with his wife, daughter and son in Hobe Sound, Florida.