Don’t do it.

However, it seems like the pump and dump scheme produced two explosive wins. On the 26th of October the token was trading at $0.02 per. After a week of feverish trading, it had exploded in price to more than $600 on November 1st. The price then collapsed…

The metaverse (if developers are smart) won’t necessarily be tied to one cryptocurrency (still a misnomer) or any currency for that matter. Sure, let’s say you want to buy something in the metaverse, you will need some means to do that; however, chances are you’ll need to convert into crypto…

Three words: Ready Player One.

The metaverse is a shared virtual world which people can access via the internet. Until recently, it was confined to games; however, now with Facebook and Microsoft building out their own “escape from reality” metaverse platforms, people will continue to avoid living IRL.

Fans of…

I don’t think it will ruin the world, but it’s not going to make things better for the masses. It’s like to make things worse.

Energy consumption is a problem.
Trading leverage is a bigger one.
Decentralization is a pipe dream.
Anonymity is a complete lie.
Value is based on the next buyer.
Wealth…

There are over 2,000 publicly traded companies with market capitalizations in excess of $2 billion and close to 500 of them are priced at 10x current revenue with the majority of this sub group losing money.

The Russell 3000, which represents nearly 98% of public stocks in the United States…

The hardest thing to do is follow your own advice and strategies in the face of extreme fear and uncertainty. At the end of 2019, I had a small position in Occidental Petroleum ($OXY) with a price point under $40. …

I think it would be interesting to put together a derivative contract that mimics the performance of certain small businesses in certain cities across the United States and let’s investors buy the instrument/vehicle/contract but never ever have ownership in the businesses themselves. …

I can understand why people have contempt for capitalism despite the blatant elevation of civilization through the last couple of centuries thanks to greater individual rights, private property ownership, and voluntary exchange.

Nothing has been more beneficial to the masses than this ideal. Nothing has helped more people rise from…

Jonathan Poland

Notes from my journey. 20+ years analyzing and forecasting complex assets at the highest level of the economy. Today, I run a membership for capitalists.

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