Publicly traded companies are not required by law to give guidance, yet many do as a way to communicate with investors. “Guidance” typically consists of forward-looking statements around what next quarter or next year’s revenues and/or earnings might look like. When a company revises guidance downwards, Wall Street analysts adjust their valuation spreadsheets and stock […]
Billionaires have big dreams and even bigger egos. Elon Musk and Jeff Bezos want to go to outer space. Bill Gates either wants to vaccinate the world or enslave humanity to the lizard people. Mark Zuckerberg wants to build the metaverse and enslave humanity. And then there’s Richard Cohen who … oh, never heard of […]
We recently wrote about the power of opensource software where a community of volunteers – like The Apache Foundation – can create billions of dollars in free software that helps advance technology in society. A similar ethos has been applied at Tesla where an open source patent pledge made in 2014 promises to “not initiate […]
Our last article to delve into self-driving technology analyzed autonomous vehicle delivery for Walmart. While we may all someday own a robotic car in the future – and Elon Musk would argue that Tesla owners already do – the most likely scenario is that most self-driving vehicles will be used for commercial purposes in the […]
In today’s world of 8-second attention spans, it’s hard to convince people that becoming wealthy is about time in the market, not timing the market. That’s why we developed our own risk-averse tech investing strategy where we hunt out leaders and ideally hold them for a decade to let all that delicious alpha mature – […]
History is full of great rivalries. Coke versus Pepsi. Star Trek versus Star Wars. Ali versus Frazier. Good versus Evil. The list goes on. One of the epic battles of our lifetime is Walmart (WMT) versus Amazon (AMZN). The two retail behemoths have been on a collision course for years, as they increasingly compete on […]
Last month, we profiled an interesting surgical robotics company for urology called PROCEPT BioRobotics (PRCT) shortly before it went public a couple of weeks ago. PROCEPT has developed the first and only image-guided, heat-free robotic platform for treating a type of prostate condition that affects the urinary tract. The company has been generating meaningful revenues […]
Breaking news this week. Elizabeth Holmes of Theranos is formulating her “bad man made me do it” defense, and her attorneys are considering whether or not she should take the stand. Having her stare at the jury with those Manson lamps while articulating, in that truck-driver voice, why her behavior wasn’t totally psychopathic makes about […]
The great American philosopher, Robin Williams, once said that reality is just a crutch for people who can’t face drugs. And he certainly came from a country where that rings true. America consumes huge quantities of drugs like no other. Does something hurt? Here, have some opioids. Does your high school teacher bore you to […]
Less than four months ago, we did a deep dive into the first pure play in self-driving semi-truck stocks with a profile on TuSimple (TSP). We found the business to be intriguing but opted to sit on the sidelines for now until the company puts more miles on the road and money into its bank […]