It is hard to invest. We are always buying too late or selling too early. I do it as my career so my motto is to do it for ‘Profits and Joy’. I try to get behind smart people with great memories doing simple things in meaty trends, work hard and cheer for the best …
From: May 2014
State of The Stock Market – A Lot is Going Right…and The Right People Do Not Care
1. Do you own Union Pacific ($UNP)? I don’t. The railroad bubble was in the 1800’s! 2. How about $UPS? nope. Brown is so boring. 3. Teletech ($TTEC)?….don’t lie…you have never heard of it either until now. Totally makes sense based on it’s homepage that the stock is rocking. 4. India ($IFN)? Disney cares. 5. …
State of Markets – Sold in May…But Why?
Ivan and I have been running the SocialLeverage50 now (formerly Stocktwits50)) for over three years. Until February of this year, life was grand, returns great and win rates were high. The markets had good price momentum and our job and style were to capture this momentum. As part of the service, please try it out …
Paris, Barcelona and Madrid – From My Goofy Eyes
Liz Fleming invited me over to ‘Venture Day Madrid‘ last week. Liz runs the Venture Lab Team and put on this amazing one day show for Spain’s IE Business school . Liz is an amazing talent and ambassador for Spanish entrepreneurship. Naturally, she’s Irish. I turned the event into a 10 day sightseeing event and …
Sell In May?…Revisiting ‘The Last Great Time to Sell’ …and ‘Asshats of 2014’ (Shaping up Like 2008)
It has been a tough portfolio year for me so far with a lot of hard work and time, but very marginal gains now through May 10th in my hedge fund. I figured I should go back through my blog (journal) and see if I could have done anything much better. On February 3rd my …
DraftKings – TPC Fantasy Draft with Stocktwits
I am having a blast running some friendly Fantasty drafts for cash prizes with DraftKings a Stocktwits sponsor. I set another one up for the 5th major of the year this weekend at TPC Sawgrass. Our Master’s pool ($2,500) was won by my friend and VC, Ajay Chopra. Last week my pal Doug Estadt won. …
The Pressure of This Boom….Revisited
Last March I wrote about the pressure of this boom. As the rising tide recedes in May 2014, we are seeing some of the damages. When the last boom ended in 2008, we were awash with ‘Asshats’ in the financial world. The Fly and I singled out Bill Miller as ‘Asshat of the Year’ and …