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…
The SpaceX IPO is finally here. Depending on where it ultimately opens, we’re talking about a company worth somewhere between $2 trillion and $3 trillion. One company. At the upper end of that range, we’re approaching 10% of annual U.S.…
We humans like to place blame. It’s one of our defense mechanisms, one of those lizard-brain behaviors we’re stuck with. But being able to recognize those behaviors – in ourselves and others – can help us overcome them. At TrendLabs,…
At a rumored valuation somewhere between $2 trillion and $3 trillion, SpaceX would instantly become one of the largest companies on Earth. Depending on where it ultimately opens, we’re talking about a company worth roughly 1% to 2% of the…
Everybody wants to know “who wins” AI. OpenAI. Anthropic. Google. xAI. Maybe it’s a company nobody’s even heard of yet. I don’t know. More importantly, I don’t think that’s the most interesting question. I’m certainly not an AI expert. I…
It’s still a bull market, and we’re still looking for stocks to buy. Our basic bet is that stock prices are going higher from here. We’re “long,” is how they put it on Wall Street. When you’re long, one day…
One of my favorite things to do is ignore what people are saying and watch what they’re actually doing. Economists can argue. Strategists can debate. TV can spend all day discussing what might happen next. I want to know where…
At TrendLabs, we don’t spend a lot of time worrying about what should happen. We’re interested in what is happening. That’s literally why it’s called “TrendLabs.” Our job is to identify trends, recognize them before everybody else, and then figure…
Thirty years ago, Amos Tversky passed away. One of my favorite quotes of his was simple: “My colleagues, they study artificial intelligence. Me, I study natural stupidity.” It’s a funny line. But the older I get, the more profound it…
For years I’ve been saying that the 60/40 portfolio is really 100. People hear “60/40” and think about a balanced mutual fund or some financial advisor allocating 60% to stocks and 40% to bonds. But that’s not what I’m talking…
Every year, the market teaches you a new vocabulary word. You don’t ask for it. You don’t go looking for it. It just sort of appears one day. And suddenly everybody’s pretending they’ve understood it forever. That’s one of my…
This is my first summer owning a boat. Never had one before, which is funny because I grew up in Miami, and you’d think everybody there owns a boat. My family just wasn’t into boating. We were beach people, pool…
