From: October 2018

What Are We Gloating About?

The S&P is now down 5 percent from it’s all time highs. I really don’t know what is next, but the rest of these world ETF’s were once 5 percent from their all-time highs (thanks Charlie). Look at them now: Manhattan is a rich ghost town. Speaking of retail, it won’t be Bed, Bath and …

The Curse of Some Talent

My friend Ben Hunt launched a premium subscription service for Epsilon Theory. I am a customer because it is fantastic. If you love investing and want a great mentor for just $20 a month, make the investment. I spent some time with Ben at the Stocktwits HQ last week. I introduced him to the avocado …

A Post Seed World

I made my first angel investment in 1994. I have been a ‘professional’ seed investor since about 2008. Bryce Roberts dropped this great post about the evolution of seed investing. He recalls: I can’t recall who was on the thread, but I can distinctly remember the subject. It was 2005 or 2006 and there was …

Robinhood Clearing and Custodial

Our portfolio company Robinhood continues to take risk, delight and amaze. It’s not just software and design that makes Robinhood special. This week they announced Robinhood clearing. Robinhood now has the only clearing system built from scratch on modern technology in at least the last decade. Robinhood co-founder and co-CEO Vlad Tenev tells me. Most …