People

Steve Sjuggerud

Steve Sjuggerud

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Steve
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Steve Sjuggerud is a Director of MarketWise, a leading multi-brand platform of subscription businesses that provides premium financial research and tools. He is the Editor ofTrue Wealth, an investment advisory specializing in safe, alternative investments overlooked by Wall Street. He finds safe, profitable investment ideas for his subscribers that the average investor simply never hears about. His True Wealth franchise covers five publications, accounting for over 100,000 paid subscriptions and nearly 800,000 free subscriptions. Previously, Steve published investment research and worked as a vice president of a global mutual fund and at a New York hedge fund with $900 million in assets under management.

MARKET CALLS

  • He recommended buying gold back when it was trading around $320 an ounce. His readers who took advantage of these recommendations could have made gains of 273%, 206%, and 182% in collectible gold coins, and 118% on Seabridge gold.

  • His biggest, most important call to date is the "Bernanke Asset Bubble." Readers who took advantage of this call could have seen gains of 419% in health care, 133% in technology, and 96% in biotech, among others.

  • He was also one of the first analysts to correctly call the bottom and recovery in the housing market, positioning his readers for gains like 191% in the Blackstone Group and 82% in the U.S. Home Construction Fund.


EARLY CAREER

  • Throughout his career, Steve has addressed hundreds of financial conferences in the U.S. and around the world, including at the New York Stock Exchange

  • Previously, he worked as a stockbroker, a vice president of a global mutual fund and at a New York hedge fund with $900M in assets under management. 

  • He also served on the Board of Directors of Stanley Gibbons Group, a UK-based, publicly-traded collectables company.

  • His investment philosophy is: “You buy something of extraordinary value at a time when nobody else wants it. And you sell it at a time when people are willing to pay any price to get it.”


MEDIA & PUBLICATIONS