What a difference a few years makes. Just over a year ago, we wrote about The Biggest Renewable Energy Company in the World which happened to be NextEra Energy (NEE). Today, Exxon Mobil (XOM) is nearly three times the size of NextEra Energy as the price of oil has gone from negative to around $80 […]
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Term Sheet, a newsletter from Fortune, was all up in arms yesterday morning about the ARK Venture Fund – “making this available to retail investors is a horrible idea.” What about all the other horrible ideas out there such as penny stocks, regulation A+ IPOs, SPACs, cryptocurrencies, ICOs, NFTs, crowdfunding ventures, and all the other […]
Water cannot leave our planet and it does not arrive from space. The amount of water available on earth always stays the same, it’s the availability of water that changes. In Bangladesh, small villages use packs of pills distributed by NGOs to purify pond water and make it drinkable. In Pacific Island countries, expensive desalination […]
Disruptive growth doesn’t always equate to profits. If you would have invested in the Invesco Solar ETF when it debuted nearly 15 years ago you would have 66% less money compared to a Nasdaq return of +534% over the same time frame. So much for blaming the 2008 market crash for solar’s underperformance. Just because […]
Someone once said the most appealing message for retail investors is an idea that combines a crisis with a way to become wealthy that only a select few are privy to. You’ll often see this in respect to gold. The U.S. dollar is on the verge of collapsing so act now and buy gold. For […]
There’s a strange sentiment lurking around meme stocks that’s reminiscent of how retail investors were sold special purpose acquisition companies (SPACs). The father of SPACs, newly minted billionaire Samir Nagheenanajar, tried convincing the investment community he was “democratizing Wall Street” and letting the little guy get a piece of the IPO action. Nearly five years […]
Here’s a fun exercise. Take the latest investor deck available for any given company and see if you can understand their value proposition and potential opportunity by reading the deck from end to end. If you can, the investor relations team did their job properly. Less is more, and the ideal deck doesn’t drown the […]
In the latest burst of indignant outrage that passes for news these days, a bunch of media outlets (of sorts) including Rolling Stone (huh?) jumped on a report by some obscure market data analytics company called Yard about the excessive use of private jets by celebrities. There were lots of statistics about carbon emissions, along […]
Our recent piece on finding the next Tesla proposed that autonomy may be the thesis we ought to be looking at as opposed to electrification. Investing in automakers isn’t something we’re keen on unless they’re pure plays on electric, and even then, we’re not convinced we’ll see another Tesla-like success story from all the EV […]