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Private Briefing Be a Wealth Builder, not a Wealth Killer. Check out my new book “Wealth Builder/Wealth Killer” on Amazon. Inc., and The Baltimore Sun.

Use our “Stock Picker’s Corner” newsletter on BeeHiiv to find the best stocks, inflation-beating income plays and crucial gold/silver winners. William (Bill) Patalon III is the Executive Editor and Senior Research Analyst for Money Morning. Before he moved into the investment-research business in December 2005, Bill spent 22 years as a journalist, most of it covering financial news as a reporter, columnist, and editor that included stints with Gannett Co. Bill has covered finance and investing, economics, manufacturing, the defense sector, biotechnology, and telecommunications. The companies he's covered include Eastman Kodak, Xerox, Harley-Davidson, Caterpillar, Westinghouse Electric, Verizon, MedImmune, and Black & Decker. His most-memorable interviews include: former President Richard M. Nixon, General Electric CEO John F. "Jack" Welch, Forbes magazine publisher and former Presidential candidate Steve Forbes, and business-turnaround specialist and helicopter-industry pioneer Stanley Hiller Jr. Today Bill is the creator and editor of Private Briefing. With his latest project, he takes you "behind the scenes" of his established investment news website for a closer look at the action. Members get all the expert analysis and exclusive scoops he can't publish... and some of the most valuable picks that turn up in Bill's closed-door sessions with editors and experts.

10/15/2026
I love this story …
10/15/2026

I love this story …

Diesel the donkey bolted on April 20, 2019, with blue saddlebags still strapped to his back.

Terrie and Dave Drewry had adopted him from the Bureau of Land Management five months before. He'd been born wild in Nevada and caught in a roundup, and he was about 3 years old. The family has a small farm near Auburn, California. Dave had him out on a training pack trip in the Cache Creek Wilderness when something set the donkey off. He dragged Dave about 300 feet, got loose and was gone.

Volunteers and the Drewrys searched for weeks on foot, on horseback and with a drone. That wilderness covers nearly 30,000 acres. A game camera caught a glimpse of him that spring. Then the trail went cold, and after two or three months he was presumed dead.

In the spring of 2024 a bow hunter named Max Fennell came on a herd of elk and started filming. The Washington Post reported that about 15 elk stood roughly 60 feet from him. A donkey was standing with them.

The Drewrys saw the clip that June. "We knew for sure," Terrie told the Post. No wild donkeys live in that country, she said. Nobody outside the family has confirmed it.

They decided not to try to catch him. "He's earned his freedom," she said.

10/14/2026

The 2028 Dodge Charger will gain the Hemi supercharged 6.2-liter V-8, internal documents show. Link in the comments ⬇️

George Welch … Pearl Harbor hero …
10/13/2026

George Welch … Pearl Harbor hero …

On 12 October 1954, one of America’s most remarkable fighter pilots and test pilots was killed pushing a new airplane to its limits.

George S. Welch was North American Aviation’s chief engineering test pilot when he took F-100A Super Sabre 52-5764 into a Mach 1.55 dive over California’s Mojave Desert. The test called for a hard 7.3-G pullout to verify the fighter’s structural limits. Instead, the aircraft encountered inertial roll coupling, departed controlled flight, and broke apart. Welch survived the initial breakup and ejection, but died while being flown to the hospital at Edwards Air Force Base.

It was a tragic end to a career that had already spanned two very different eras of aviation.

Welch first became famous on December 7, 1941. He and fellow 2nd Lt. Kenneth Taylor raced to Haleiwa Field, climbed into their P-40s, and took off against the Japanese attack on Oahu. Welch was credited with four aerial victories that morning and later received the Distinguished Service Cross. He would go on to fly P-39 Airacobras and P-38 Lightnings in the Southwest Pacific, ultimately receiving credit for 16 enemy aircraft destroyed before malaria ended his combat tour.

In 1944, Welch left active military service and joined North American Aviation as a test pilot. There he helped move American fighter aviation from piston engines into the jet age. He made the first flight of the XP-86, prototype of the F-86 Sabre, on October 1, 1947, and later made first flights in several other North American fighters.

Welch also became part of one of aviation history’s enduring debates. Some witnesses later claimed that during early XP-86 testing he exceeded Mach 1 before Chuck Yeager’s historic Bell X-1 flight on October 14, 1947. NASA’s historical review, however, notes that no surviving test data proves the claim. Official records show Welch reaching Mach .93 in November 1947, while the XP-86 was conclusively flown supersonically after receiving a more powerful engine in April 1948.

By 1953, Welch was testing another revolutionary North American fighter, the F-100 Super Sabre, the Air Force’s first operational fighter capable of sustained supersonic flight. An Air Force publication from 1954 credited Welch as the first man to fly the F-100 supersonically in level flight.

The airplane that killed him also taught engineers an important lesson. Welch’s accident helped focus attention on the dangerous phenomenon of inertial roll coupling in early supersonic aircraft. NACA test pilot Scott Crossfield subsequently spent months flying F-100As with different vertical fins to study the problem, contributing to changes that improved the Super Sabre’s stability.

George Welch’s career began in combat over Pearl Harbor and ended at the edge of the supersonic frontier. He was just 36 years old when he died.

The Rocket’s Red Glare …
10/13/2026

The Rocket’s Red Glare …

A rocket at the National Air and Space Museum shares a history with the ones that lit up Fort McHenry during the Battle of Baltimore on September 13–14, 1814.

Love the Wright Brothers…
10/13/2026

Love the Wright Brothers…

Have you ever failed your way to success?

International Day for Failure is celebrated annually on October 13. It is an opportunity to reflect on what we learn from failure. Like the Wright brothers, we can face countless failures on the path to success and still keep going. During the Wright brothers' first season of testing on the Outer Banks, their glider was nearly dashed into pieces. The brothers repaired it and continued their test flights.

Sometimes we need a little support when we face failure. Wilbur and Orville's sister Katharine encouraged them not to give up on their dream of flight, even when they felt hopeless. Words of encouragement can go a long way and reignite hope.

What have you learned from your own failures?
Who motivates you to keep trying even when it feels like all hope is lost?



Photo credit: Library of Congress [Crumpled glider wrecked by the wind on Hill of the Wreck (named after a shipwreck)] | Library of Congress

Alt Text: Black and white photo from 1900 of a crumpled Wright Glider on a sandy beach overlooking the Atlantic Ocean.

very cool …
10/13/2026

very cool …

The artwork in Bridlington portrays a celebrated encounter during the American Revolutionary War.

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