I hate being wrong. It generally means I am losing money and my limited partners are losing money. I can’t grow being wrong. I can’t make a living being wrong. Lately, I have been wrong quite a lot. I am underinvested, selling too early, in the wrong stocks. I can’t cover it up and I …
From: October 2013
Apple…What’s it Worth? … and ‘Momentum Monday’
Apple is worth $530/share or about $480 billion. That’s what it closed at at 4 pm est today. Everything else is ‘inside baseball’ and obviously why I created Stocktwits with our amazing team and investors. It’s boring for most of the world, but for those of us that care, this is our business and lifestyle. …
Living in The Future…Anyone Can do it.
I had a few dinners in San Diego this week with my pal JP who was visiting from London. JP lives years in the future because of his career, his network and his passions. I was telling him a story about an experience I had late one night in Chicago where I used ‘Hotels Tonight’ …
Twitter…The Anti-Froth IPO!
I love hearing that Twitter will price at $17-$20 (November 6th). I despise Goldman and bankers. ZERO value add in pricing a hot deal. If AngelList can raise money in an organized way for start-ups (they do), you can’t possibly tell me that two monkeys with a Twitter account could not run the Twitter IPO. …
The Year 2014 – MegaDeals…$35 Smartphones….and $35 Sandwiches
The year 2013 is not in the books, but Stocktoberfest has me thinking about 2014. So does this kid: In 2010 I was in Paris, sitting at the Four Seasons and I ordered a club sandwich. It was $50 (insert French joke here). I tweeted at the time that we were headed for a world …
Stocktoberfest 2013 – ‘It Had a Beat and My Eyes Could Dance To It!’
We just had a great few days with investors on Coronado for Stocktoberfest 2014. We attracted people from Russia, Australia, Japan, Argentina, Chile, Norway, India, London and all over the US. We had product executives from CNN Money, Yahoo Finance, Dow Jones, Etrade, Wisdom Tree and IDC to look at financial web startups presenting. We …
The Other Side of This Stock Market Boom …More Boom? or KaBoom? ….and ‘Momentum Monday’
I am bullish, but I have a little altitude sickness. I don’t need to look at 1,000 charts a night anymore because of the drafting I do behind the people on Stocktwits who do it for me. I know who to follow and what to look for when I am thinking of the market’s health …
Making Stocktoberfest The Best Investing Event on The Planet
I like the way my pal James Altucher writes headlines, so it was worth giving it a try here. With Stocktoberfest coming up this week, one of James posts caught my attention which I have sent to all the speakers… ‘How To Be The Best Public Speaker on the Planet.’ I really care about making …
Be Careful When the Stock Markets Make Sense …and Why Angel Investing Must Always Make Sense
Stock market investors want the markets to make sense. I love that they (the markets) don’t. If they made sense, you could tame them, like your nerves. There are times of course when the markets seem to be making sense. They are the most dangerous because you need to zig when almost everyone is zagging. …
Death To Bitcoin?…. and This Week on ‘Stocks and Scotch’ – Gold, Twitter and Macro Thoughts
Bitcoins are here to stay! In March I called Bitcoins ‘The Jurassic Park of Currencies‘. I owned it in the 40’s for a few weeks and of course sold way early in the 60’s (all my posts here) as I did not take the time to understand the trend and possibilities at the time. The …