1/ I am a VC––and arguably have EVERY self-serving reason to not share this...
Yet a reputation for being intellectually honest, critical of hype and a lifelong student of human behavior + markets is better than EVER being a huckster promoter misleading followers…
Yet a reputation for being intellectually honest, critical of hype and a lifelong student of human behavior + markets is better than EVER being a huckster promoter misleading followers…
2/ Excellent piece from longtime friend @andykessler—a tech savvy investor who also is a student of markets
(he made a fortune running money during the .com boom + as he once told me “got to keep the money”;)…
wsj.com/articles/low-i…
(he made a fortune running money during the .com boom + as he once told me “got to keep the money”;)…
wsj.com/articles/low-i…
3/
Andy notes:
Joby is worth more than Lufthansa, EasyJet and JetBlue.
Tesla is worth more than the next 6 automakers combined.
BYND (made with pea protein) is worth more than the entire market for peas eaten globally.
Yahoo was once $125B + AOL $200B, both 99% less today
Andy notes:
Joby is worth more than Lufthansa, EasyJet and JetBlue.
Tesla is worth more than the next 6 automakers combined.
BYND (made with pea protein) is worth more than the entire market for peas eaten globally.
Yahoo was once $125B + AOL $200B, both 99% less today
4/ “..Former Fed Chairman William McChesney Martin once explained that the Fed’s job was “to take away the punch bowl just as the party gets going.”
From the looks of it, the entire market would blow about a 0.35 (as in Dow 35000) on a breathalyzer test.”
From the looks of it, the entire market would blow about a 0.35 (as in Dow 35000) on a breathalyzer test.”
5/“When the selling starts, FOMO turns into fear of losing everything as speculators jump off sinking ship.
Today’s (-) real yields don’t reflect reality.
Fed warned it will taper purchases later this year
Someone is at least reaching for the punch bowl.
Stick with fundamentals”
Today’s (-) real yields don’t reflect reality.
Fed warned it will taper purchases later this year
Someone is at least reaching for the punch bowl.
Stick with fundamentals”
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