I hear the word ‘bagholder’ a lot lately. Investopedia has a definition of it: An informal investment term used to describe an investor who holds a position in a stock which decreases in value until it is worthless. Typically, the bag holder will hold the position for an extended period of time in which most …

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I had a fantastic day in Boulder.  Here I am with my friend Jud who I mentioned yesterday founded Gnip (it will be if not already is the most important part of Twitter). Though our heads may be the same size his brain is way bigger.  I sat in this spot for a few meetings …

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I am in Boulder for the day tomorrow seeing friends and catching a Techstars demo day. Way back in August, 2008 I headed to Boulder on an invite from Brad Feld to visit with Techstars. That blog post was so long ago that Techstars was still a .org. It turns out that Boulder had more …

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Bigly things are happening in financial markets right now, but before I get started… in the ‘I suck at marketing’ story of the day the SEC is investigating a hedge fund that that promises no losses. This guy must have taken the hedge fund marketing class at Trump University Onward… There is Vanguard and there …

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A lot of people are feeling pretty sure about the future these days. Amazon is over $900/share. Tesla passed $300/share. Chipotles stock is going up again. Retail is in total meltdown. As overpriced as the momentum favorites seem to be (to the upside and downside), the catalyst for their future success might just be getting …

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I see, read AND hear about quants, AI and machines taking over the world all day…but it does not scare this knucklehead: I'm going to have to buy 5-10,000 of these to pass around to our buddies in the #MSM. In the meantime I'll model it for them😂. #yourewelcome pic.twitter.com/Hnn3Z5Pspm — Donald Trump Jr. (@DonaldJTrumpJr) …

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I have been on the road way too much this year and am trying to stay off a plane for a few months. More dangerous than flying though are my miles on the bike. According to Strava I have rode 698 miles this year. My goal is 3,000. Today I had a few asshats and …

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A few years ago I started flying last minute. I figured for all the anxiety that ticketing changes brought me, the extra 10-20 percent a year in travel costs was a good trade. I have been lucky the last 30 years to have mostly flown Southwest and JetBlue. This recent United shitshow is a new …

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Jeff Bezos sent out his annual letter to shareholders which is a must read. Here it is. One of my favorite things about Amazon the stock and Amazon the company is that the bigger it gets, the faster it seems to grow and defy skeptics. Everyone serious about investing, trading and entrepreneuring needs to read …

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I love reading interviews of great venture capitalists. If they blog even better. In 2006 I was searching for ‘term sheet’ in Google and found the blog of Brad Feld who had a great blogroll of venture capitalists. I can trace my last 11 year journey investing to that Google search. Now, most great Venture …

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