You’re watching history being made in the market. Crypto treasury companies have reported more than $20 billion in unrealized losses in just a few months. Strategy (MSTR) alone has reported about $14 billion in unrealized losses. BitMine (BMNR) isn’t far…
A couple of years ago, everybody figured the stock market had been reduced to just seven companies. All that mattered was the “Magnificent 7”: Nvidia (NVDA), Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOGL), Meta (META), and Tesla (TSLA). They…
They’re calling it “Black Tuesday” in South Korea. The KOSPI 200, South Korea’s equivalent of the S&P 500, suffered its worst day ever, falling nearly 10% in a single session. Most American investors saw the headline and immediately moved on.…
Alan Greenspan passed away this week at the age of 100. You never forget your first Fed chair. For me, that was Alan Greenspan. The reason Greenspan still matters isn’t because of who he was. It’s because the investing lesson…
I’m down here in Avalon, New Jersey, for the month of June, one of my favorite places in the world. Every year we pack up the family, move into a beach house, and spend the month by the ocean. The…
A few weeks ago, I was having dinner with Dan Ives and asked him a question I’ve been asking people for years. When do I get my robot? Not a robot in a factory. Not a robot in a warehouse.…
If you only followed financial media, you’d think the stock market was nothing but Nvidia (NVDA), artificial intelligence (AI), and whatever giant technology company happened to report earnings last week. Those are incredible businesses. They’re changing the world, creating enormous…
Imagine it’s 1884. You’re trying to figure out whether business is good. There are no economists on TV debating interest rates. There aren’t thousands of analysts sharing opinions about what might happen next quarter. There are no government reports hitting…
Nvidia (NVDA), the largest company in the world, just completed a $25 billion bond offering after initially targeting at least $20 billion. That’s a huge number by itself, but it wasn’t the number that caught my attention. What caught my…
Before we get started, a quick reminder: The Federal Reserve begins a two-day policy meeting this week, the first one under new Chair Kevin Warsh. And yes, his name is Kevin. Which means we should probably prepare ourselves for years…
I’ll admit it. I was nervous. Not because I thought SpaceX (SPCX) was a bad company. Quite the opposite. I’ve spent months writing about how historically significant this company is and how difficult it is to find a proper comparison.…
After college, I lived in Hoboken from 2004 through 2006. Right on the corner of 5th and Grand. 500 Grand. That was my address. And those were two and a half of the best years of my life. But Hoboken…
