There’s nothing worse than being famous and having your tumultuous love life on display for a bunch of shallow muppets to critique. So, have you heard the news? Yesterday, Elon Musk semi-separated with Grimes – that loco-looking tattooed chick that totally wasn’t his type. The key takeaway is that he can now spend an extra […]
Investors should only invest in what they understand. If you invest in something you don’t fully comprehend, that’s more akin to speculating. Most people dabbling in cryptocurrency haven’t a clue about the intrinsic value of what they’re buying. For evidence of that, look no further than Dogecoin (DOGE), a cryptocurrency that started off as a […]
Using a unique set of characters to access something that’s being protected is as old as time. It’s something we’re taught at a very young age, for example, in the fables of Syrian storyteller Hanna Diyab who speaks the magic words “open sesame.” In a world where we’re trying to bring woolly mammoths back to […]
You’d be excused for not knowing much about El Salvador, the smallest country in Central America and the only one without a Caribbean coastline. Surfing is probably the most cited reason why El Salvador is on someone’s travel list, though the country has much more to offer than just breaks. Lately, El Salvador has been […]
The herd behaves in mysterious ways. Special purpose acquisition companies (SPACs) are a great example of how irrational investors can be. First, they were pumping shares when a planned merger was announced, never mind that the merger hadn’t completed yet. When that foolish behavior was called out, the herd then started pumping shares the day […]
Having an eccentric CEO who thinks we’re living in a simulation and pretends to smoke weed on a podcast isn’t necessarily a bad thing for shareholders. There’s no such thing as bad publicity and all that. As you rock star employees out there know, you can get away with quite a bit when you’re exceptionally […]
Blockchain as a technology isn’t risky, it’s the products being built on the blockchain that are. Look no further than ICOs and NFTs, two manifestations of blockchain that epitomize greater fool theory. While cryptocurrencies might be deemed risky in much the same manner, they tend to be seen as “less risky” given strong institutional support. […]
Our recent piece on Robinhood pointed out how the company makes the majority of their money right now peddling extremely risky financial products to beginner investors (half of their client base). The company says that this is “democratizing the distribution of wealth,” but we beg to differ. The single most important quality a financial services […]
Quantum computing is like high school sex. Everyone says they’re doing it because they think everyone else is. For the few that are, it’s not as great as they say it is. And the only people that actually know how to do it properly are the teachers who never really talk about it. That old joke works […]
The old adage “follow the money” merits some caution in times of market mania. When notable venture capital firm Andreessen Horowitz recently announced a $2.2 billion blockchain/cryptocurrency fund, it raised some eyebrows. Surely these technologies must have loads of potential if these thought leaders are investing so much time and money into this space. Then […]