Portfolio Mini-Thesis 2/13/2021

As of February 13th, 2021 (Representing 60% of my long exposure) Here are my top 20 stock positions along with the mini-thesis of why I own them: Facebook (FB) – Facebook is a near indispensable online public utility. It’s the backbone of our online presence, even if we don’t login as often as we used […]

Market Update

Happy Friday, On this day in history, February 5th, 1637, the infamous tulip bulb bubble reached its peak. The Dutch tulip bulb bubble of 1637 is often considered the first ever speculative financial market bubble and is still referenced to this day as one of the best historical examples of irrational investor behavior. The bubble […]

2020 Performance and Look Back

In 2020 Shaperfunds generated a total return of 36.6% versus 17.88% for the Standard and Poor’s 500 Index with dividends included.  I made some colossal mistakes in 2020 and I’m not kicking myself. It was a difficult year personally and it was challenging providing financial advice when there was so much confusion and dissonance.  2020 […]

Market Update

On this day in history, December 18th 1865, Slavery abolished in America with adoption of 13th amendment. Following its ratification by the requisite three-quarters of the states earlier in the month, the 13th Amendment is formally adopted into the U.S. Constitution, ensuring that “neither slavery nor involuntary servitude… shall exist within the United States, or […]

Growth at an Unreasonable Price?

The stock market’s breadth is high and nothing is cheap. Everything seems to be rocketing right now, technology, banks, energy (green and brown), industrials, bonds, IPOs and even crypto. It’s a precarious place for a discerning investor. It’s not that I’m unaware of low interest rates, or potential fiscal stimulus, or even SaaS company growth […]

Market Update

On this day in history, Millions stolen from JFK Airport in infamous ‘Lufthansa heist’ – On December 11, 1978 half a dozen masked robbers raided the Lufthansa Airlines cargo building at JFK Airport in New York, making off with more than $5 million in cash ($21 million in today’s dollars or 1,166 Bitcoin) and almost $1 […]

Why I’m bullish on Bitcoin

A large portion of my adult life is spent researching publicly traded securities. I’m a value investor in my free time and my profession is financial advice. While there are some great companies at reasonable valuations in this market, Bitcoin is the most exciting opportunity that I’m aware of. In 2017, I conflated cryptocurrencies with […]

Market Update

Hello Friends, On this day in history, December 4th, 1907, Well-known psychiatrist W.H. Rivers presents his report The Repression of War Experience, based on his work at the Craiglockhart War Hospital for Neurasthenic Officers, to the Royal School of Medicine, on this day in 1917. Craiglockhart, near Edinburgh, was one of the most famous hospitals used […]

Market Update

Happy Friday the 13th in 2020,  On this day in history, Wednesday, November 11th 1953, Indiana Textbook Commission member charges that Robin Hood is communist. In an example of the lengths to which the “Red Scare” in America is going, Mrs. Thomas J. White of the Indiana Textbook Commission calls for the removal of references to the […]

Market Update

On this day in history, November 06, 1860 – Abraham Lincoln is elected the 16th president of the United States over a deeply divided Democratic Party, becoming the first Republican to win the presidency. Lincoln received only 40 percent of the popular vote but handily defeated the three other candidates: Southern Democrat John C. Breckinridge, […]