Thanks to Josh Brown I’ve researched cryptocurrencies far more than I would have otherwise. I go through waves of comparing cryptocurrencies to tulip mania, the most speculative asset price bubble of all time, and thinking Cryptocurrencies have the power to topple the large governments. Anyways, I always appreciate Josh’s take on the asset class. Here’s […]
It’s been a year since my last portfolio update. I took a break because I was working for a RIA and didn’t want to do anything FINRA would frown upon. I’ll get back in the habit now that I have resigned. I’ve had a great year in the markets, after returning 12.5% in 2016, I’m […]
“Successful investing is having everyone agree with you — later.” – Joe Robillard
“The key is to wait. Sometimes the hardest thing to do is to do nothing.” -David Tepper
Probably the most discounted and distorted issue in the 2016 US presidential election was the displacement of American jobs by automation and machine learning. The President-elect blames these disruptions on bunk trade pacts, immigrants and overregulation. I believe this is dangerous and needs to be talked about fairly. In 2013, Carl Benedikt Frey and Michael […]
I’ve had an exciting month. I had two positions rise ~20% on the same day, Twitter (TWTR) and Bats Global Markets (BATS). I’ve also had two significant positions, American Express (AXP) and PayPal Holdings (PYPL) rise ~10% last week week. Those big moves were partly offset by underperformance in my two largest positions Gilead Sciences (GILD) and Under […]
