While the investment world argues over passive versus active investing, ETF providers have quietly proliferated. Here is the Wikipedia definition of an ETF. As my frined Josh Brown posts: And so the ETF business finds itself as no longer an up and comer. It is the thing now. The incumbent. As of the end of …

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This tweet is so true and made me laugh this morning. Kids go to school thinking they’re going to be astronauts or lawyers or entertainers, never knowing that most jobs are just sending emails until you die Onwards… I link to Paul Graham, the founder of YCombinator, all the time for his essays. This time, …

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Jeff Fagnan at Accomplice, a venture firm in Boston, said this on Twitter yesterday. “In Venture Capital, you build your track record on the companies that work. You build your reputation on the companies that don’t.” I am not sure if the quote is Jeff’s or another venture capitalist but it is the truth. I …

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These are exciting times for creators. TikTok, Spotify, Instagram, Twitch, Snapchat, WordPress, Shopify, Twitter, YouTube etc… are part of the American fabric. Fred Wilson wrote about it today. I love this paragraph from A16z’s lates podcast titled ‘Writers Writing, Readers Reading, Creators Creating‘. It is a must listen for investors and creators. We’ve been financing …

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Last week I wrote about ‘Feeding The Ducks’ (booking some profits). Things were perfect. This morning we are seeing a pretty big selloff. Ivanhoff has a good riff: The new earnings season coupled with the coronavirus fear mongering is certainly contributing to a choppier tape. As a result, gold and U.S. Treasuries have been rallying. …

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Most of my personal and fund investments the last thirteen years have been fintech – from starting Wallstrip in 2006 (acquired by CBS) and Stocktwits in 2008, to investments in YCharts, Robinhood, ChartIQ, Koyfin, Lifelock, Billguard (acquired by Prosper), Produce Pay, Civic , Apple Pie, Etoro, Rally RD, Coinmine, Crowdability, Sentieo, AngelList, Stackin, Secfi and …

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I talk a lot about stocks and angel/seed investing here on the blog. Until recently I never had any allocation to bonds. Charlie Bilello, my partner at Compound Capital Advisors has a great research piece out titled, ‘Bonds, Bubbles and Biases‘. Charlie builds portfolios for high net worth clients who may be adding a bond …

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Before I get started… You must watch this incredible display of ‘touch’. Sometimes in the markets you can’t help apply some touch and feel. There is a saying in the stock business called ‘feeding the ducks’. ‘You Don’t Go Broke Taking Profits’ is another. They have always resonated (maybe too well) with me. Yesterday I …

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There is some giddiness for sure in my streams, but I read more doom and gloom from really smart people than I do outright bullishness. I am not sure I have any quantifiable edge from the data I eyeball each day (I love to think I do), so I always default to price action when …

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I miss Ted Knight and Judge Smails (so funny). Ted Knight was the Fat Nixon of my youth…the country club prick lawyer/judge, except that he was smart and had great ‘real’ hair. His ‘The World Needs Ditchdiggers Too‘ was my ‘Ok Boomer’ and ‘Lock Her Up’ of my teens and 20’s. While Trump is today’s …

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