I've decided to raise the price of my Substack to $10/month or $100/year starting March 1st.
Anyone that is already a paid subscriber before the price change is automatically grandfathered in which means if you're already on the $9/month plan then nothing changes for you.
16% of every monthly subscription goes to Substack & Stripe fees plus I'll be paying $2,000/month for the Zoom enterprise plan plus I need to hire an administrative assistant to answer the hundreds of emails & DMs I get each week...increasing the price by $1/month seems fair.
If you're already on the annual plan... nothing changes for you.
This tiny price change is only relevant for people that become a paid subscriber after March 1st.
I just wanted to give everyone 10 days notice to switch to a paid plan if they were already considering it.
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I've never seen so many growth stocks down double digits at the same time. Insane washout!!!
Even though it was painful it was needed. Now the big funds (that run the market) and have been sitting on cash can put it to work and buy these great growth stocks at cheaper prices.
Should I have been trimming some of my stocks the past few days... maybe... but these are stocks I plan to own for the next few days so why incur unnecessary capital gains?
If I believe most (if not all) of my stocks can 5x over the next 5 years then it doesn't make sense to over-manage my portfolio in the short term.
Sometimes you're better off just accepting these big washouts will happen and adding to positions during the panic selling.
Looks like there’s going to be a lot of great companies on sale today.
I think everyone should be focused on their existing portfolio (including me) so I’m not sending out my new Substack writeup this morning.
Let’s hope for a big red washout then the buyers can step in.
I still believe we are in a bull market with low rates, plenty of stimulus and QE, low regulation, strong corporate balance sheets and and robust economic activity. Perhaps some valuations got stretched but the pendulum always swings too far in both directions.
I will definitely be a buyer this morning because I’m focused on 3+ years for my companies so a 5-10% selloff today is only telling me to add to my highest conviction names.
With 6,500+ people on the waitlist there's no way we can send that many invites at once and then have everyone coming to the website at the same time to signup. It might overload the system and we don't want to take that chance so we'll be sending out 1,000 invites per day.
Even though we're launching on March 13th, there's a chance you won't get an invite for a few days.
The invites will go out in the same order as people signed up which means the first 1,000 invites will go out to the first 1,000 people that signed up at Fintrics.ai
My most recent Substack stock writeup is now available to everyone including the free subscribers which should be getting email any minute jonahlupton.substack.com/p/tmdx-transme…
The company is $TMDX and I'm extremely bullish on this company. I've been buying shares every day this week.
$TMDX has created an incredible machine that mimics the human body which keeps organs alive and functioning during transport. $TMDX already has FDA approval for their OCS Lungs machine and we believe FDA approval for OCS Heart could be coming soon.
Current method of transporting organs is inside a picnic cooler on ice -- I'm not joking.
This archaic form of transport guarantees the organs start dying immediately which is why only 30% of them are usable by the time they get to the recipient w/ much higher rejection rate.
People ask me about my investment strategy so I'll try to sum it up in a short thread. Here's what I look for:
1) small/mid cap stocks under $10B market cap 2) at least 30% revenue growth 3) potential of 50% upside within 12 months 4) potential of 5x returns within 5 years
I'm less concerned about valuation on small/mid cap growth stocks if I believe they can sustain 50-100% revenue growth for 3+ years. If they can do this then they'll grow way past any valuation concerns. I love multiple expansion stories.
I look at SPAC investing as an opportunity for investors like me to play the role of late stage VC and invest in high-growth disruptive companies while growth is still in the early innings. Just a couple years ago these companies would've been raising D and E funding rounds.