“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 […]
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 […]
Hong Kong is often in the news for all the wrong reasons. What most HK residents would probably want you to know is just how much they love their city. Politics aside, when nearly 28% of a city’s population takes to the streets to protest at the same time, it tells you something. These people […]
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 […]
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 […]
For most people, having an ultrasound is associated with having a baby. The doctor rubs a lubricating jelly on the pregnant woman’s stomach and then uses a magical wand to produce images of the baby that can then be posted on Facebook and liked by disinterested people everywhere. The way an ultrasound works is that […]
Has this ever happened to you? You’re talking to someone about something obscure and then the next time you open your phone, you see an ad for what you were just talking about. You’re pretty sure that this was the first time that this obscure topic came up and you get a strange deja vu […]