Bulls make money, bears make money, but pigs get slaughtered. That old Wall Street adage warns against letting greed get in the way of making sound investment decisions. Most retail investors are only familiar with the bull side of making money, and rightly so. Shorting is often akin to speculating because the longer term trend […]
Albert Einstein once said that reality is an illusion, but a very persistent one. He could have easily made the same statement about money, only some of which has actual value. In Papua New Guinea, they use pigs for money. Even today, you can pick up a decent-looking younger wife for about five or six […]
“The market seems overheated but it may just be getting started – proceed with cautious optimism,” is the sort of shite you’ll often hear pundits say. These sorts of wishy-washy statements tell you absolutely nothing useful, but since the pundits need to say something, they try to avoid speaking with conviction so you can’t call […]
When crowdfunding began gaining in popularity, it became quickly apparent that the platform was going to be exploited by scammers. Soon, it became difficult to tell whether or not the shoddy management team that failed to bring a product to market leaving a bunch of disgruntled “customers” in their wake was acting maliciously or not. […]
There used to be this commonly thrown around “statistic” about how only 20% of Americans held a passport, of course implying that they’re just a bunch of ethnocentric tools, who only understand the world through a stars-and-stripes lens. Turns out that both statements have a bit of truth to them. As recently as 2003, just […]
Some people question the merits of a college degree for good reason. If you’ve any spent any length of time with MBAs, or studying for your own MBA and taking “leadership classes”, you’ll quickly realize that the real skills needed to succeed in the business world can’t be taught in a classroom. You either have […]
We recently published an article on how you can short bitcoin or 5 other cryptocurrencies without actually having to hold the tokens themselves. On the same platform, you can also go long bitcoin, which turned out to be a lot better strategy than shorting it. While we were speculating with our new bitcoin account at eToro, […]
There’s an old saying in the investment community that says “bulls make money, bears make money, but pigs get slaughtered“. While the implication here is not to be greedy, it makes a good point about how there’s money to be made for investors if companies rise or if companies fall. If you think that a particular […]
You won’t have to look very hard to find people who think initial coin offerings (ICOs) are all scams and people who think they’re the greatest thing since sliced bread. With a fierce debate raging on, we want to try and understand this whole “ICO/cryptocurrency/blockchain” thing from the perspective of investors who can see that the […]
It never ceases to amaze us how many scams there are in the world of penny stocks and yet the SEC does very little to shut them down. We have been exposing these scams for years and will continue to do so because it’s people like the elderly who most often are preyed upon by these […]