The value of something is simply what others are willing to pay for it. Value stocks represent cash generating assets that grow slowly over time, while growth stocks promise rapid growth into the future. Lately, the value of future growth has been falling. With interest rates rising, the value of a dollar today is becoming […]
Detectives spend most their time figuring out who didn’t commit a crime by vetting a long list of potential suspects. We spend most our time figuring out what not to write about. Ideas pour in from all directions. Public relations firms are constantly trying to send us “pitches,” as if we need more possible topics. […]
Some alarming news this past week on Thirsty Thursday. No, we’re not talking about that hard-hitting HuffPo piece exploring Amy Schumer’s secret hair pulling disorder, something we suspect stems from her inability to do standup comedy without mentioning her private parts. The news was much more dire than that, at least for shareholders of Okta […]
Imagine a cake that you were instructed to cut by an individual who would then choose which piece to take. Cutting the cake squarely down the middle would be the only way to ensure you received your fair share. Now, imagine you were cutting the cake for multiple individuals with different preferences – size of […]
Our recently launched YouTube channel has brought around a contingent of punters who are dumbstruck to find someone casting a critical eye on their “next Tesla.” Few can formulate an argument based on facts, so they opt to attack the messenger instead. One accusation is that we always assume investors are uninformed. Since half of […]
Bitcoin miners are going to be up Schitt’s Creek without a paddle if the Web 3.0 community decides that conserving the electricity used to mine bitcoins is more important than the joys of decentralized finance. That’s the direction Ethereum 2.0 is going, so nothing says bitcoin couldn’t make the same move. It takes about $12,500 […]
Anybody who tells you money is the root of all evil doesn’t have any. That line was dropped by Ben Affleck in his iconic Boiler Room speech which epitomizes the alpha male drive for money which characterized investment banking environments at the time. Money may not buy happiness, but there’s a correlation between depression and […]
The SEC is not doing their job very well. Back in 2017, we wrote a popular piece titled Why Cannabis Science (CBIS) Should Scare You to Death which was met with a great number of threats and accusations from people who didn’t like the facts we presented and the red flags we raised. Shortly afterwards, […]
Irrational exuberance was a term coined by Alan Greenspan to describe “the psychological basis of a speculative bubble” where “news of price increases spurs investor enthusiasm, which spreads by psychological contagion.” He coined that term in the bathtub, and first used it publicly about three years before the dot-bomb crash. Bearing that in mind, take […]
Some disruptive technology themes are more mature than others. Take cybersecurity as an example. Since the days of Norton Antivirus, cybersecurity companies have been hard at work trying to make sure the world’s computers remain secure. Consequently, we’re spoiled for choice when it comes to cybersecurity stocks. Rather than try to cherry-pick a few winners […]