It was fun to watch David Letterman on Jimmy Kimmel. It was once a dream of mine to be interviewed by Letterman and make him laugh out loud. If only my mom had let us have a dog to teach a stupid trick too. The early inspiration for my weird fantasy began with Johnny Carson. …

➔

Here we are in 2017 and Millennials will inherit the largest amount of personal wealth of any generation — and personal finance apps are emerging to seize on this opportunity. If you follow me, you know that for the last 11 years our Social Leverage funds are very long early stage financial services (fintech) founders and companies …

➔

note – I apologize for the earlier screwup…somehow an older group of posts was sent instead of today’s piece below… I have never written a letter to Jamie Dimon. I have sent a few tweets his way. The founder of Chain (a company focused on digitizing the world’s financial assets) did write a long letter …

➔

The Stocktwits team shared this Nick Leeson tweet the other day as the Nikkei hit 21 year highs: Nikkei225 at highest level today since 1996 – probably not far off my break-even point. If only they’d waited!! Who is Nick Leeson and what does he have to do with the Nikkei? From his Wikipedia page: …

➔

This is a meatier post than most, but this is a meaty market… Ivan and I put together a ‘Momentum Monday’ today. It’s a 20 minute tour around the markets. Today we discussed the momentum in global indexes, specifically Asia (Chinese tech stocks and Japan at 21 year highs), financials and biotech. Hope you enjoy. …

➔

Yesterday’s daily email was not sent for some reason. Here is my post yesterday on ‘Wedges and Billionaires‘. I enjoy the monthly journal of Kevin Rose. Kevin covers interesting tech and lifestyle topics and always has some interesting takes on the mind and body. You can subscribe here. Kevin is an owner of an watch …

➔

I’m back in New York after a quick trip across the country. Stocktoberfest started Thursday afternoon on Coronado. It was another fantastic event. The Stocktoberfest crowd continues to surprise me with their energy and enthusiasm. They are thirsty to try new financial products and learn the language of the markets. People were most fascinated with …

➔

I’m on Coronado for Stocktoberfest (7). We will be livestreaming it tomorrow. FOMO and Foist are in the air. Bitcoin touched $6,000 tonight. FOMO (fear of missing out) seems to have set in. In the words of Larry David, I sense a foist at hand…at least short-term. In the spirit of the Bitcoin animal spirits, …

➔

This Turtle vs. The Hare video is my new favorite investing reference… Long-term investors will get it pic.twitter.com/2Uq5XkL0GU — StockTwits (@StockTwits) October 10, 2017 The turtles and the rabbits are winning right now, The market is making the majority of us look like genius’s the last eight years. I have met many people from the …

➔

Josh Brown asks this question today on his blog as it relates to the lack of volatility in the stock markets – Where have all the Cowboys gone? The answer is probably wrapped up somewhere in the market structure conversation. The cowboys who used to swing markets with massive directional bets have largely replaced themselves …

➔