November Review – Just Keep Buying Edition
November was a crazy month. Overall, I didn’t make a lot of changes, but had very strong results. The market has been on a crazy run and I’ve taken advantage. Forever grateful for the results ...
Zoom: After the Boom Comes the Boom?
Zoom has been on an otherworldly tear. Some might say Zoom was just in the right place at the right time, but I would argue they put themselves in that place, then took full advantage. ...
Airbnb: Indebted, Liable and My Kind of Stock
Airbnb recently released their S1 in preparation of their upcoming IPO. I jumped to risk factors and Airbnb definitely carries risk. Here are a few (of many): Our revenue growth rate has slowed, and we ...
Cheap Dopamine: Can’t Stop, Won’t Stop
Cheap dopamine is that little notification, the constantly refreshing newsfeed, the bad news porn, the winning bet. It’s addictive stimulation and instant gratification. It’s becoming easier and easier to get cheap dopamine. The reality is ...
Market Hormesis: Stay Chill
Since I learned what hormesis was, I’ve been fascinated with the idea. Hormesis is a beneficial biological effect comes from exposure to low doses of an agent that is toxic at higher doses. A basic ...
Marketplaces and Moats
I’m invested heavily in marketplaces ($AMZN, $ETSY, $FB, $SE, maaaybe $Z), which has led me to think heavily around how marketplaces work. Marketplaces are relatively simple: Marketplaces are two sided (buyers and sellers) Marketplaces connect ...
October Month End Review
October was a big month for Bitcoin and a bad month for stocks. Overall, this led to a flat month for me. I feel good on my portfolio. Buys: $AMZN, $PTON, $ZM, $SE, $SHOP, $DKNG ...
Online Education: Cheap Dopamine and a Societal Funnel
The reality is that people don’t want to learn. They need to be forced or manipulated into learning. Our higher education does this through a societal funnel. Essentially, children are guilted into going to college. ...
Bitcoin: Why Everyone On the Internet is Wrong
I love arguing about Bitcoin on the internet. I know it’s dumb, but I can’t help myself. Something about the whole Bitcoin argument really brings out the debater in me. The main problem I have ...
Karma Police: Why You Should Never Forget Karma
“That’s a crock of shit. This isn’t a platform. A platform is when the economic value of everybody that uses it, exceeds the value of the company that creates it. Then it’s a platform.”- Bill ...