I have blogged here for 12 years and rarely write about oil or energy. I have no clue how it all works. My friend Gregor does. He has been writing about it the ‘powergrid’ and energy for a few decades. In 2015 we chatted and he told me to keep it simple and own $GRID. …
From: January 2018
I am Irrationally Exuberant
I am back from a long work trip to New York. The trip was longer than the crypto bear market. I am thrilled to be out of the cold. My joints were really starting to ache. It tuns out eating pizza every night does not help my knees. I spent a lot of time meeting …
Beyond the Bitcoin Bubble
Let’s assume that everyone’s grumpy father in law is correct and we are in a Bitcoin bubble. What’s next? Steven Johnson has a great piece in the New York Times titled ‘Beyond the Bitcoin Bubble‘ which is worth a Saturday read. If you are driving this weekend or working out, scroll through Abnormal Returns Friday …
No Turning Back…Fintech Fintech Fintech
This made me laugh today amidst the losses in cryptoland from Stocktwits user @guidoish who titled this photo simply ‘compromise’: The crypto genie can’t be put back in the bottle. A next generation is hooked on the idea of big returns. They will have their bear markets too, but at least they have been introduced …
Bruce Springsteen on Broadway
I remember the summer of 1978 because my summer camp counselor at Camp New Moon would not stop playing Bruce Springsteen’s new album Darkness on the Edge of Town. I have been a fan ever since. Tonight I treated myself to Springsteen on Broadway with a friend Frank Pottow. I did not read any reviews …
I Told You So Tuesday…The Crypto Crash of 2018
As I write this on Tuesday eve at 5 pm, cryptos and tokens are crashing. Bitcoin briefly traded below $10,000 and Ethereum back under $900. We crashed (or are in the middle of a crash). There are a ton of ‘I Told You So’s’ flying around my streams today. I get a kick out of …
Group Frenzy and Hilariously Rich
The New York Times just took a dump on the crypto train on the weekend in this article titled ‘Everyone is Getting Hilariously Rich and You’re Not‘. I met one of the roasted – Jeremy Gardner – in Tel Aviv this past November and blogged about the walk and chat we had. The kid is …
Sunday in SOHO … From the Eyes of a Trend Follower
I am in NYC working for a bit. It’s freezing here in the city, but the locals stay inside and the streets are quiet so I like that. This afternoon I got some shopping done in SOHO. SOHO is my favorite part of New York. I like the low buildings, the light, the shopping and …
State of The Markets…Everyone in the Pool
This made me laugh today: Your Uber driver is mining Bitcoin at the same time. You still getting in the car? pic.twitter.com/jieLaKVWm5 — StockTwits (@StockTwits) January 13, 2018 One more laugh because it is Sunday and Hawaii was not obliterated. Ok…here we go. It is hard to find any weakness in the markets right now. …
Facebook Flinches… And Some Creative Hypergrowth Companies
Risk could not be more on. I continue to just try and enjoy the ride. In a normal bull market, Facebook gapping down 5 percent (which it did on news I will see more posts from distant cousins versus fake Russian cousins) would cause some dislocation. In this bull market, it means Twitter rises 5 …