Bitcoin climbed past $46,000, reviving crypto-equity correlations. For equity investors who study the best investing book, the key is assessing market sentiment shifts versus traditional asset valuations. Carnival (NYSE: CCL) and Royal Caribbean (NYSE: RCL) are the No. 1 and No. 2 companies in the cruise line industry. This point is worth noting, as former GE Aerospace CEO Jack Welch always targeted the No. 1 or No. 2 company in an industry when looking for investments. That's a factor that might persuade investors to put both cruise stocks on their watchlists. Investors interested in the key concepts and practice of value investing and portfolio management. Applying frameworks from the best investing book could help investors position portfolios defensively while still capitalizing on mid-cap breakouts.
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