The title of this post is inspired by a comment from long-time reader of my blog Rick Stratton . The whole side project thing has become ultra hip the last few years. It was probably a few putz stock rich kids at Google that really accelerated this whole ‘Side Project’ trend as they gloated about …
From: April 2009
Do We Deserve A Stock Market?
Since January 2008, my hedge fund has treated the stock market as closed when all the momentum to the upside was destroyed. At the time, I was long and on leverage and enjoying a few years of momentum. That ended fast and since than I have been mostly writing and upping my investments in start-ups. …
Stocktwits Introduces Social Stock Charting with Chart.ly
About three weeks ago, Tim Sykes came to visit at my office and was bugging me to get a chart sharing site launched for Stocktwits . I loved the idea, but told him that Soren was buried in development for the site. Tim, who never quits, than introduced me to his talented partner Adarsh Pallian …
The Proper Use of Leverage…Danny MacAskill
Danny…not a Jew!
Deep Market Thoughts…This Depression is Depressing
It’s all about ‘Ball Bearings ‘ and ‘Capital Structure ‘. If today was the beginning of a new selloff, things would make sense to me. I am not a very good predictor of stock prices and markets, but the rally of late has made little sense. Last week I was getting pissed at all the …
Stocktwits Launches a Premium Blog Network
I don’t believe 140 characters is enough to run a financial site. Today, Stocktwits has launched a ‘Premium Blog Network’ where the favorite subjects and ideas that Brian Shannon and Joe Donohue try to share in their twitter streams can be expanded upon. Launched on the fantastic ‘WordPress’ platform our long-term goal is to be …
Asshat Fight of The Week…Buy and Hold vs. Indexing vs. Cramer
Thank goodness for all the Jim Cramer haters that I got to see this ridiculous video from CNBC on Friday: Two grown men fighting and both are completely wrong and embarrasing to watch. Buy and Hold works, as does indexing as does trading. There is NO right way to invest. If you are profitable, you …
Deep Market Thoughts…From Fear to Fear!
In February and March there was sickening fear. Fear that your portfolio was going to zero. This weekend there is sickening fear that the market will never go down again. Portfolio managers are fearful of underperformance. On March 9th, Jim Cramer, who is ALWAYS right (editing and selective memory is a wonderful drug), was helping …
Knight's Bridge Capital Partners Acquires Polaroid
I can’t wait till my partner Kenny posts about the nightmare way the bankruptcy proceedings went because it is an amazing backstory. We are very excited at Knight’s Bridge to be part of a great acquisition team and brand building opportunity. Please share with me ideas and brand possibilities if you feel so inclined. Here …
Happy Birthday CNBC…Big Woop…and ROn Insana YOU are NOT an Entrepreneur
I am not watching CNBC but it still permeates my financial life. It is not easy to do anything for twenty years so congrats . That said, it is television and it does have a monopoly on business cable and ‘wheel of fortune’ has also lasted twenty years where you spin a wheel and buy …