I have obviously been distracted for a few days, but the markets never sleep. The best public market growth ideas show themselves during corrections, panics and crashes. Seeing we just had a small panic and crash and that people were crashing Fidelity and TD Ameritrade websites trying to sell stocks, it is a great time …
From: February 2018
Black Swan…The Day After the $XIV Titanic
I have a lot to share in this post but I will start with how I feel. First, I am glad that I shared my story yesterday about losing money. I do appreciate the community on this blog and Stocktwits. Hundreds of people have reached out via email to share their $XIV horror stories. I …
I Was Struck by a Black Swan and of Course Markets in Turmoil
I am an idiot. Here’s the story. I have a fascination with volatility. I don’t trade futures or options but have dabbled in a product called $XIV which is a hopped up futures ETN (not an ETF – so it is basically an I owe you with no underlying assets) that crashes when market volatility …
The Wealth of Sapiens
That was a great football game. I am not an Eagles fan but I am now a Nicke Foles fan. This made me laugh. I caught up on a weeks worth of reading and emails this afternoon knowing tonight I would be plopped on the couch. My favorite investing and life quote of the week …
Remember Yahoo?…You Should!
The markets might have been smacked a little on Friday, but Amazon still closed at an all-time high over $1,400. There are so many giant technology companies crushing it right now that it is easy to forget how hard it is to stay relevant. The average lifespan of a company in the S&P has plummeted …
Blockchain Lindzon and Competition for Stocks
I was chatting with my friend Adam Lilling yesterday in Los Angeles and he told he that he liked getting my daily blog by email but hated that it came to him at 4 am PST. Because I like Adam and I have no idea what my stats for the blog I am just going …
The Upfront Summit …I Love Los Angeles
I had a great time in Los Angeles this week at The Upfront Summit. It is by far the best conference for venture capitalists. I got to spend quality time with so many old friends that I invest with and want to invest with. Ryan Nece let me try on his Superbowl Ring: I met …