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
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
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.
David Dutkewych, Chief Trader
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.
JR Crooks, Commodities and Currencies Analyst
JR honed his trading techniques and global-macro worldview alongside his father, Jack Crooks, at Black Swan Capital. JR also helped guide individual investors at Money and Markets as well as The Sovereign Society. Previously, he was a contributing editor to Larry Edelson’s Gold Trader Hotline.
Technical indicators are at the core of his trading, but JR believes understanding market psychology gives him his edge. “You get a lot of guys who are very right about how things are going to shape up in the markets,” said J.R. “But these guys are often very wrong about precisely when such events will materialize. You can’t make money if your timing is bad, right? So don’t just settle for what analysts are thinking – try to figure out why they are thinking it … and then place your bet.”
JR credits his success in the markets to his even-keeled demeanor. “A bad psyche can ruin a trading account in no time. If your emotions control your trading decisions, you won’t be making too many more trading decisions!”
JR doesn’t stop thinking about the markets just because the closing bell rings. But when he pulls himself away from his work, it’s to enjoy his family and live a little bit like Joel Salatin, a “Christian-libertarian-environmentalist-capitalist-lunatic-Farmer.”
JR received a B.S. in finance from Florida State University.
Sean Brodrick, Small-Cap Mining Specialist
Sean travels far and wide to seek out small-cap values in the natural resource sector.
His journey started in New England. As a youth he worked on Mt. Washington, on the cog railroad that runs to the summit. Working on the coal-fired, steam-powered trains was hard work but it was also incredible fun, and perfect for someone with an interest in the great outdoors and heavy machinery.
He graduated college with a journalism degree, and experienced the Internet boom and bust firsthand as the personal finance website he worked for suffered a spectacular flameout. The experience of being dumped on the curb with a handful of useless stock options gave him an appreciation for real assets, something he followed up when he joined Weiss Research as an analyst.
Sean left Weiss to become the investment director of the Sovereign Society, the world’s leading publisher of offshore asset protection strategies and global investment. But eventually, Dr. Weiss lured Sean back by promising he could do anything he wanted. What Sean wanted to do was cover natural resources … especially the little-known, undervalued foreign stocks he picked as likely to ride the next wave of the commodity supercycle.
And Sean helped his subscribers score gains including 64.9% on MarkWest Energy Partners … 88.1% on Impact Silver … 157% on Jaguar Mining … and 305.4% and 368.7% on Great Panther Silver.
And even during the brutal depths of the gold and silver bear market, Sean steered his subscribers to more gains, like 108.8% on First Majestic Silver.
Sure, not all positions worked out. But time and again, Sean found big winners.
Sean’s travels have taken him from diamond fields north of the Arctic Circle … to a gold project in Argentina … to an ancient city of mummies and silver … to a wild patch of mountains in Alaska where gold flakes still wash down crystal-cold streams.
Now, Sean contributes regularly to Money and Markets. His special reports on precious metals, energy, agriculture and more have gathered accolades from investors and industry insiders alike. And his book, “The Ultimate Suburban Survivalist Guide”, which helps prepares readers for all sorts of physical and economic crises, hit Amazon.com’s best-seller list.
Sean is a biweekly guest on one of Canada’s premier financial websites, HoweStreet.com, and from time to time he makes appearances on various U.S. radio and TV news programs. He contributes to Dow Jones MarketWatch.