It’s 2016 and still almost every piece of financial research and literature (mostly crappy) comes with the warning…’past performance is no guarantee of future success’. It’s ass backwards. I have made most of my money betting on myself and other people with little to no track record. In my world…’future performance would have been limited …
From: June 2016
The Flight to US Treasuries and Trump
Not sure why Donald Trump has not called this election ‘The flight to Trump’. I thought he was a good marketer. He should be out pounding the table that this flight to Treasuries will get harder once the yuuuge walls gets built. Right now there is a massive flight to US Treasuries that #BREXIT put into …
The Brexit Aftermath …
Some context for the market moves we saw last night while the stock markets were closed and the currency markets were open: This British Pound move is bigger than the Soros crash trade. And for S&P: The volatility index spiked 60 percent….overnight. So many people are really caught off guard. These three charts plucked from …
Identity is Impossible to Value….Why Microsoft Bought LinkedIn and the Multiplier Effect is GOOD
I have read as much as I can about Linkedin and Microsoft merger. Everyone has a different opinion of course. Most if not everyone is focused on the price tag, the valuation, whether Microsoft will ‘wreck’ it…. Nobody knows. I was talking to Sean Creeley who founded Embedly over a beer today and he said …
Nobody and No Entity is Bigger than The Markets…2016 Edition
I love the markets. They are making a mockery of ‘smart’ people this year. Smart people breaking what seem to be basic and well treaded rules. Bill Ackman implodes on a debt loaded rollup called Valeant…what a putz and not the first. Theranos used magic speak to get Walgreens to roll out a fake blood …
The Stock Market and Trains ….Nothing but Opportunity
The following message made me laugh today when I was discussing how silly it is that investors say ‘I missed the train’ @howardlindzon i missed my entry in 1929… — Bob Rocker (@elfhoe) Jun. 6 at 02:08 PM Nothing can be further from the investing truth. The stock market is nothing BUT trains. You take …
People Suck….And Do The Right Thing
Yesterday we had a touch of drama in the household. My daughter Rachel backed into a car while parking near school. It was really early in the morning and Rachel had to get on a school bus for a day trip to Disneyland for graduation. There was no damage to her car so she took …
The Great Big Live Video Trap…and Snapchat Might Run the Table
I love the idea of Live Video and Web Video. I have been plugging it passionately it here since I started doing Wallstrip back in 2006. When Facebook launched live video I wrote about it and I think they have the best chance to make a dent in the amount of time spent on YouTube. …