Gumption: The Future Favors the Gumptious

The world is trying to destroy you and without gumption, you really don’t stand a chance at winning. It may seem dramatic, but I think it is true. But why gumption and not just initiative, ...

Autocatalysis: The Science Behind Compounding

Recently, I wrote on optionality. It is one of my favorite concepts to investing, but the article left out one key feature (on purpose). A key accelerant to optionality comes from autocatalysis, which is a ...

Optionality: Achieving Asymmetrical Returns

When I look across the top stocks, one thing jumps out to me: multiple revenue streams. Multiple revenue streams evolve from having multiple options in the past. Optionality is the act of having multiple options. ...

Virtual Reality: Waiting for the Eye Phone

Virtual reality is awesome. One moment you can be fighting mummies, then you can be traveling to the most exotic parts of the world and seconds later sitting front row at any sporting event. Basically, ...

Seems Like a Bad Idea: iBuying

Zillow, Redfin, etc… are all chasing after iBuying like it’s the next big thing. It seems like a bad idea. But… it also is a good idea. Real estate is a terrible industry for the ...

Tesla: Why I’m Long $ELON, not $TSLA

Elon Musk is closing in on being the richest person in the world. He’s filthy rich for good reason. Elon has so many different things in the works right now, it’s staggering. Tesla, Hyperloop, SpaceX, ...