Together we are one (gigantic hedge fund). Reddit’s community of traders have done something remarkable. Normally the market is essentially zero sum (market makers are the exception). Wallstreetbets found a way to pump a stock ...
I messed up. I do it all the time. I don’t get down about it, I try to learn from it. Below are five stocks that have been on huge runs and my reasoning behind ...
The market is euphoric. Stupidity is at an all time high. Bears are screaming bubble, while bulls just keep pumping. Is this Dot Com 2.0? Who is right? A brief history of a few companies ...
“First of all, I think moats are lame. It’s nice, sort of quaint in a vestigial way. If your only defense against invading armies is a moat, you will not last long. What matters is ...
How can you support someone who stole from children? GameStop stole from me as a child. I ordered NFL QB Club online for $10, then when it showed up it had a sticker on it ...
I lost faith in economics a long time ago. The whole science is built on flawed assumptions. My breaking point was the efficient market hypothesis, which states stock prices reflect all current information. Basically, you ...
Initially, Square was just a credit card reader that attached to phones. Quickly, a hardware stand and app were added that turned an iPad into a point-of-sale system. Then Square really started to take off ...
Instagram is more addictive than crack (I’m only sort of joking). Facebook is a dopamine company. From social media to gaming, Facebook is a constant stream of dopamine. Dopamine is an area of investing that ...
This presentation from Social Capital is a thing of beauty. Amazon analyzed where they were spending money, then found a better way to handle it. They vertically integrated those expenses into their business, then flipped ...
Everyone can agree that 2020 was a dumpster fire, but that doesn’t mean that you can’t learn from it. Entropy Systems prevent entropy… what systems are you setting up to prevent entropy? Entropy can come ...
