"I can only say that, like any other millennial who lacks the weighted blanket of family money, I understand the world I came of age in as a sort of Luigi's Mansion of institutional collapse and economic precariousness." - Jia Tolentino, Will Write for Pasta Unprecedented Volatility There isn't much else to say besides these months… Continue reading Epic Volatility
How to Present a Trade Idea: Coronavirus Edition
Have you ever wondered how so many people are able to pitch trade ideas on the internet? Want to know their template and their secret to success?
Perfect Trades vs Perfect Investments
One of the great things about the internet and social media is all the investing and trading greats sharing their views and opinions. And then there are random guys like me. As I was checking in on Tesla's results last month and reviewing the post I wrote a year ago regarding Tesla's stumbles, realizing that… Continue reading Perfect Trades vs Perfect Investments
Tesla: if you can’t be right, be less wrong
A little less than a year ago I put up Tesla: hope is not a strategy and listed the five things that were putting the future of Tesla in doubt: Tesla closed most of its retail showrooms and laid off staff in order to save 6% of cost per Model 3 car sold. The Model… Continue reading Tesla: if you can’t be right, be less wrong
What will cause the next recession
More digital ink has been spilled by traders, investors, bloggers, and charlatans, none of which are mutually exclusive, on what will cause the next recession. Some of these guys have been around long enough to have called 17 of the last 2 recessions. The reason so much time and effort is devoted to calling recessions… Continue reading What will cause the next recession
Stock Market Predictions
'Tis the season for... stock market predictions! Back when I was a wee credit analyst, my boss would ask me if I got updated financial projections from the management teams of the companies in my portfolio and what I thought of them. When I was just starting out, I would struggle to answer that question… Continue reading Stock Market Predictions
Kraft Heinz Company: The Rise & Fall (& Rise Again?)
Pop quiz: what is the result when you combine two iconic American consumer product companies with 150 years of history, let hot-shot private equity guys do their soft-shoe jazz hands bit with the imprimatur of no less than Warren Buffett, load it with debt, "create synergies and eliminate waste," and then briefly make it the… Continue reading Kraft Heinz Company: The Rise & Fall (& Rise Again?)
