Dear God… everyone is trying to jinx this market. Stocktwits launched BTFD t-shirts a few months ago and the markets did not crash. The Economist now has a cover titled the Bull Market in Everything… The cover is descriptive of the bull market right now. Germany is breaking out Japan is breaking out. Financials are …
From: October 2017
Why Would Anyone Invest in Startups?
I love investing in startups. So do my partners at Social Leverage Gary and Tom. I had no idea I was going to invest in startups until I made my first investment in my mid 20’s. I started angel investing during my first job as a stockbroker in Phoenix, Arizona when I invested in The …
The Smartphone and Addictions
This interview by Bill Maher of Russell Brand on the topic of addiction is excellent: I don’t have the fame or drug addiction problems that Russel Brand has/had. I would say I battle a smartphone addiction. The last year I have been much better about my iPhone use. I leave it behind at home a …
Momentum, Momentum, Momentum
Markets around the globe continue to rise. Why? Michael Batnick explains momentum: The S&P 500 closed at an all-time high yesterday for the sixth straight day. The last time this occurred was June 1997. Why is this happening? Are markets pricing in tax reform? Is it looking forward to higher earnings over the next twelve …
Stocktoberfest 2017 …Coronado
I am really excited for our 7th Stocktoberfest on Coronado next week. This will be the first time I get to show up and enjoy without having to plan it. From Ian our CEO – Stocktoberfest West has always been the premier event where smart people get together to discuss the future of finance, technology, …
The Blue and Orange Swans…The Negligent Economy of 2017
It used to be we only had to worry about black swan market events. Once upon a time only Goldman could move the market 1 percent by trotting out Abby Joseph Cohen. In 2016 the markets were introduced to blue and orange swans. Trump (the Orange Swan) can go on TV and wipe out billions …
Global Synchronized Growth …Momentum Monday (Wednesday Edition)
As the markets around the world romp to new highs everyday, CNBC ratings are the lowest in 26 years. Fox News can and will brag relentlessly about beating CNBC, but their audience that is ‘tuned in’ to Lou Dobbs is not in front of their TV’s. They are in the bathroom tending to their prostates. …
Gun Deaths So Far in 2017 – 11,667
That seems like a lot…no? Here is a website that tracks gun violence. Albert Wenger said this today which rang most true to me: What yesterday’s mass shooting does make eminently clear yet again though is just how much damage and trauma a single person can inflict using modern technology. It is so much easier …
Month One in New York
One month down in Manhattan. I am always amazed at how New York City works, but I have a new appreciation after a month on the ground. The outlier this month has been weather. It has been mostly perfect. New York is many multiples more fun with great weather. The days are endless. I spent …