From: January 2017

My Superpowers and Life in My 50’s

A couple of ‘superpowers’ caught my attention today. The first was from Elan Gale who said: My superpower is that I can hold a grudge FOREVER — elan gale (@theyearofelan) January 25, 2017 The other was from Cliff Asness (The Assman!): Having, and sticking to, a true long term perspective is the closest you can …

Dow 20,000 and Damn the Hedges

America has gone bonkers for ‘hedges’ and leveraged ETF’s. I think you can avoid both and be a great trader and investor. I have lost a small fortune ‘hedging’ over the course of my 51 plus years. That’s capital, not including time and mental anguish. I wish I had never heard the term. If you …

Tesla at $40 billion ….Cheap?

Tesla is back over $250 and $40 billion in valuation. I would say 95 percent of the investing public thinks the stock is OVERvalued. To put Tesla’s size in perspective, Apple is $630 billion and 95 percent of the investing public thinks the stock is UNDERvalued From a brand recognition perspective though, Tesla might be …

Google All-Time Highs….$570 Billion and Counting

For years I have told friends that they should not get fancy with buying technology stocks and treat Google as ‘their’ technology ETF. They are a magical cash machine…taking their permanent capital/cash flow from advertising and investing it in brains, AI, Robots, Mapping and startups. Last week Joe at Bloomberg had me on for a …

Post Alt Fact World

It’s good to be back in the post fact world of the United States. There will be more straight talk on a bank quarterly earnings call than from the White House. I will focus on doing a lot less talking for a few weeks just trying to listen and read the tape and follow some …