Apr 27, 2022

The old playbook was amass a lot of money through creating a successful business then spend it on houses, boats, planes or a sports team. But to the new and the wealthiest of the wealthy, that’s 20th century wealth. 21st century wealth is about creating rockets but even that’s not enough. So now the crown jewel of...

Apr 20, 2022

Nothing lasts forever. Markets create behemoth companies but at some point, disruption comes along like a tsunami. Case in point, Netflix stock is down over 35% today. Is it over for Netflix? Probably not. But is it a sign the disruption is beginning? That’s probably a more legitimate concern. We never think things...

Apr 13, 2022

Let’s begin with agreeing those willing to take risk are the people most likely to be rewarded. It should work that way. So long as that continues, there’s a positive drift to evolution and success. For those that take risk and succeed, there’s an inherent responsibility to honesty and integrity so that others can...

Apr 6, 2022

What is the value of fundamental analysis? There was a time when domain expertise and an understanding of industries mattered. But as markets have evolved and become both more liquid and efficient, that domain expertise has lost value. In fact, if you side with Tom, you believe fundamental analysis only exists to...