There are stocks that you want in your portfolio because the technology sounds cool or the company is on a mission to save the world, or because you don’t want to miss out on the latest craze like cryptocurrency or pot stocks. That’s actually called motivation, because there are no inherent good reasons why you […]
“Wait for the dust to settle. If shares start to approach the $10 mark, then you’ll be paying what the smart money paid.” That’s what we said about Butterfly Network (BFLY) back in November 2020 when they decided to go public using a special purpose acquisition company (SPAC). Seems like the smart money overpaid as […]
The older you get, the more you start to understand why old people spend so much time talking about their health problems. It usually starts in your mid-40s when you realize you’re at the age where you should get regular health screens. You go in for bloodwork, and the doctor says you have high cholesterol. […]
A typical novice investor is someone who Googles “best stocks to invest in under $5.” It’s not because they’re asking Google where to invest their hard-earned money, it’s that they’re associating the price of a stock with the size of a company. That’s not how investing works. Tesla at $700 a share is not more […]
We’re gobsmacked by the sheer number of special-purpose acquisition companies (SPACs) launching, given that most of these SPACs offer little value to the retail investor. One of the exceptions (if not for the premium stock price) is the recent IPO by Butterfly Network (BFLY), which is disrupting the ultrasound industry with a portable medical device […]
Do as I say, not as I do. We find ourselves guilty of that sometimes. For example, we advise readers to never try and time the market, but we’ll occasionally engage in the practice ourselves. When Alteryx dumped -40%, we couldn’t help but open a position. Sometimes, we’re willing to take on additional risk because […]
Almost every day we read about how artificial intelligence is outcompeting humans. The latest involves an algorithm that outmaneuvered a fighter pilot in a simulated dog fight. While no one (well, there’s probably someone) is ready to hand over the flight controls to a machine, we’re not too far from when AI algorithms will help […]
If your job is to screen hundreds of resumes to find the perfect candidate, it’s impossible to compare them all, so you look for red flags. Something as simple as a typo will land your resume squarely in the circular filing cabinet because you clearly don’t pay attention to details. Similarly, when you’re assessing hundreds […]
Aside from destroying the social fabric of our society, Facebook has enabled a whole generation of parents to post endless photos of their little rug rats doing all sorts of nauseatingly cute things. New parents are probably the worst, celebrating the life of their child every few weeks, as if we still lived in the […]
Big disruptions keep coming in smaller packages. Take the handheld ultrasound machine from Butterfly Network, a startup out of Connecticut that has basically turned a smartphone into a digital medical imaging device. The company found a way to squeeze ultrasound technology onto a single silicon chip – and charge less than $2,000 in the process. The […]