Dec 30, 2021NFT’sI am going 180º in the opposite direction than Gary Vaynerchuk and what seems like every other social media influencer on this one. NFT’s are all garbage. Just like sports cards. Does that mean people shouldn’t or won’t pay a lot of money for them? No. Too many people are…Crypto1 min read
Dec 22, 2021100 Square MilesElon Musk is making the rounds again after paying a record amount in taxes, but while I admire his intelligence, candor, and entrepreneurial vigor, his math seems a little fishy when it comes to solar power. …Energy3 min read
Nov 5, 2021Trading Squid GameDon’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…Crypto2 min read
Nov 5, 2021The Metaverse. Digital Money. Value.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…Cryptocurrency2 min read
Nov 2, 2021WTF is the Metaverse?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…Metaverse1 min read
Sep 14, 2021Crypto Will Not Save The WorldI 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…1 min read
Sep 4, 2021Higher Inflation Is InevitableThere are over 2,000 publicly traded companies with market capitalizations in excess of $2 billion and close to 500 of them are priced at 10x current revenue with the majority of this sub group losing money. The Russell 3000, which represents nearly 98% of public stocks in the United States…Business1 min read
Aug 31, 2021Scarcity is driving multiple bubblesThe idea of scarcity is driving so many of the bubble’s in 2021. …Scarcity2 min read
Aug 30, 2021The Cryptocurrency AdoptionHave been wrong so far with Bitcoin and all the other Cryptocurrency in terms of price appreciation. Click here for my first post on it. That was written in 2018, and from a money standpoint I would love to have bought in that year. Right now, you should feel the…Crypto3 min read
Aug 27, 2021DCA: Oil 2020 to PresentThe hardest thing to do is follow your own advice and strategies in the face of extreme fear and uncertainty. At the end of 2019, I had a small position in Occidental Petroleum ($OXY) with a price point under $40. …Investing1 min read