I thought 2020 was going to be one for the record books as it contained the start of a global pandemic plus history's fastest recession and recovery, but it may end up a footnote compared to 2021's excesses. It absolutely blows my mind that NFTs are selling for millions of dollars and there are multiple… Continue reading 4Q21 Portfolio Review
What parts of the blockchain will survive?
I haven't seen this much energy around a new technology since the dotcom era of the late 90s. The introduction of smartphones was a game changer, but it didn't have nearly the exuberance that everything blockchain is experiencing. Personally, I've sat on the sidelines and watched the space develop since Bitcoin was trading in the… Continue reading What parts of the blockchain will survive?
Coolest Things from 2021
Ah, 2021: a significant improvement from 2020. But one thing I started last year that I want to keep as a tradition is sharing my annual list of the coolest things I read or saw in 2021. In no particular order: The continued research into better battery chemistry. The neat part is that much like… Continue reading Coolest Things from 2021
How I Invest My Money
I realize How I Invest My Money was published at the end of 2020 so I'm not exactly on top of new book releases. But it was a fun, quick read and really shows that even though the financial web might endlessly discuss how to invest money, when it comes to personal finances even the… Continue reading How I Invest My Money
Portfolios for a Shrinking World
I spend a lot of time thinking about climate change and its impact on investments. Lots of people are sounding the alarm on migration. More recently, you're having a lot of people think about the implications of shrinking populations. All three of these issues are tied together and have significant implications for the future of… Continue reading Portfolios for a Shrinking World
Risk Management in Trading: GameStop Edition
Trading is a game of survival against the twin threats of long-term inflation and capital preservation. Achieving a balance between the two ultimately determines success. To beat inflation, you have to take risk. But to protect your capital, you have to understand the role of risk management in trading. GameStop: the perfect short (2015 to… Continue reading Risk Management in Trading: GameStop Edition
2021 Prediction Season
It's that time of year again: time for me to lay out my predictions for 2021. And after I absolutely nailed 2020* - predicting first the rapid sell-off caused by a global pandemic and then the massive rebound led by tech and everything work-from-home - you'll really want to read to see what I predict… Continue reading 2021 Prediction Season
Coolest Things from 2020
2020 was an historic year. Read into that statement what you will because I'm not going to rehash it here. However, since it seems like I write a lot about questionable business valuations, financial shenanigans, and unfounded exuberance in the marketplace, I don't want anyone to get the idea that I'm a cynic (I'm not… Continue reading Coolest Things from 2020
DoorDash IPO
After being a private company since its founding in 2013, DoorDash filed its IPO prospectus with the SEC on November 13. Once the traditional roadshow wraps up, shares are expected to start trading in mid-December under the DASH ticker. DoorDash goes into the pile of things I don't understand, but it's hunting season in Ohio… Continue reading DoorDash IPO
Shorting the Pandemic
I always like looking at research and experiments, both academic and decidedly un-academic, for ideas. One that I recently stumbled upon when I was looking into the updated Piotroski F-Score research piece from AlphaArchitect was an individual's attempt to generate a basket of stocks to short using a combination of the Piotroski F-Score, the Ohlson… Continue reading Shorting the Pandemic
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