From: February 2017

Vanguard and Amazon

Yesterday Vanguard crossed $4 trillon in assets for the first time: Vanguard. From $1 trillion to $4 trillion in AUM in less than 10 years. 💯 https://t.co/WOYHRscg61 — Pierce Crosby (@CrosbyVentures) February 17, 2017 If Vanguard was a public company the stock would be at all time highs today. Every hedge fund would be short declaring …

The Customer and Kustomer

Last night this link of Jeff Bezos being interviewed by Charlie Rose in 1999 was being passed around. You must watch it. Jeff lays out a guide to profit by focusing on customers that is just as fresh today. I have been investing in customer support for a long time. I love customers. Last year …

Happy Apple Day

I hope everyone had a great Valentine’s day. I did. I love my family and friends. I struggle with showing emotion other than my superpower of holding a grudge, so Valentine’s day is special…not to mention the giant Reese’s peanut butter hearts. While on the subject of love, Apple hit all-time highs today. It is …

Sell Everything? Ya Right…

I was reading this Bloomberg piece about Marc Cohodes ‘famous’ short seller yesterday and thinking… poor bastard. So smart, and so aggravated. God bless him and the other shortsellers. Marc helped uncover and shine a light on some fraud whoppers. I respect that Marc can forget the Macro and focus on the Micro. It’s how …

An 8 to 80 Update…

How do you build a great list of stocks to watch and own if you do not really care much about trading or watching the markets? The easiest way I know is with 8 to 80 companies which I would explain as follows: When the ‘markets are in turmoil’ this list of companies should be …

My Anti – Portfolio

Bessemer Venture Partners is famous for being great venture capitalists and also for their ‘anti-portfolio‘ which is dedicated to all their big misses. When you are feeling blue about selling Apple in 2006 or shorting Tesla because they will never make a profit, remember that smart people miss big all day every day. Though if …