I am going to spend a little time with friends the next week talking about panic. The discussions will be recorded as podcasts for easy consumption. I am hoping it will help investors and entrepreneurs with some context on how others – like them – dealt with raising money, managing teams, managing their own money …
From: March 2020
Momentum Monday – A Panic For The Ages
I can’t get a handle on this panic. Selling stocks this morning into this next crash down will likely put you in the ‘panicked early’ crowd. Depending on where stocks open I may be selling some old favorites myself. I do not need to read or talk to 1,000 traders to know that things are …
Did They Ring The Bell To Buy Stocks Yet?
Before I get started….I wanted to wish my nephew Noah a big mazel tov on his Bar Mitzvah yesterday.. I have been sitting at home recovering from the kidney stone while the family headed up to Portland for Noah’s big day. Reports have been streaming in of a job well done. I hope one day …
Rates and Robitussin
We got a surprise rate cut this week to help deal with the Corona Virus. It reminds me of this great comedy bit by Chris Rock where he tells of his dad using Robitussin on every injury known to childhood. No surprise to anyone that has read this far that rates will very soon be …
From R.I.P Good Times to The Corona Virus Blackswan…Sequoia Capital Knows How To Party
I found something that really takes my mind off news and headlines…a Kidney Stone. Yesterday I woke up pretty comfortable so I assumed my stone had passed in the night. My doctor laughed when I mentioned it to him. By noon I was keeled over again crying. I am armed with some pretty good drugs …
The Kidney Stone Is Gone
Thanks for the hundreds of well wishes The Kidney Stone has moved and I may be back to my real life today. It is good to be home in Phoenix with Ellen. I hope you all never get one. Have a great day.
Passing A Kidney Stone
I’ve had a rough two days in New York. I woke Monday in some pain but made it though the first few meetings. By the afternoon I was back in my hotel room lying in bed and wincing. I called my friend Josh Brown to tell him I thought I was having a crohn’s flareup …
Corona Panic
Morgan Housel’s post on The Corona Panic had some god insights. The one that stood out: This is the first global crisis in the social media age. What we’ve learned from social media in the last decade is that 1) information spreads fast, 2) false information spreads fastest because it’s more sensational, and 3) tribal …
Momentum Monday- Price Adjusts Faster Than Psychology
As a reminder, Marketsmith (by Investor’s Business Daily) is now a sponsor of the weekly show. All the charts you have been seeing in the videos and will continue to see are from Marketsmith. They are offering my readers a three week trial for $19.95. Click this link if you would like to try it …
Pizza Over Panic
Before I get started…this made me laugh re Corona Virus: It is cold in New York and combined with the Corona Virus panic, the streets and restaurants seem pretty quiet. I am oblivious to all things panic so I ran around the city yesterday seeing founders and even doing Soul Cycle which in hinsdsight, seems …