After much hand wringing and speculation, the Federal Government finally gave the green light for bitcoin ETFs recently. Many “rookie” market participants thought that this would lead to a massive rally. Before the news officially hit, bitcoin would run just on rumors. Once the ETFs were listed and tradeable, bitcoin took a huge hit. It […]
The election season is starting to heat up, and that means only one thing– time to buy some votes. This past week it was confirmed that both the Food and Drug Administration (FDA) and Health and Human Services (HHS) want to reschedule cannabis to “Schedule 3.” It needs to be confirmed by the DEA, but […]
In late 2023, I had the opportunity to take a tour around NASA. It was for a private equity deal, and the company shares a hangar with some pretty interesting folks… They had just rolled this helicopter out of the hangar, and some men started loading in. They were in full blown “operator mode” – […]
Last year was a bloodbath for the tech industry. If you weren’t able to get to profitability, you needed to have funding lined up or else your company would “hit the wall” of the interest rate curve. There’s some companies that even have their debt at a floating rate, so when the Fed went on […]
This past week was wild for the crypto markets. On Tuesday, the SEC’s Twitter feed dropped the news everyone was hoping for: a spot Bitcoin ETF. If you’re not in the space, you may not think this is a big deal. But it allows more institutional capital to flow into the system. By introducing a […]
In the NFL, betting on league games gets you a suspension. In Congress, betting on companies you directly oversee apparently gets you an ethics chairmanship. That’s how it would appear, since Ethics Committee Chairman Michael Guest has actively traded energy stocks while in Congress. He bought Permian Resources back in August… Two weeks before the […]
It’s been over a year since OpenAI released ChatGPT to the world. The AI floodgates it opened have been revolutionary… but limited in scope. It reminds me of the homebrew computer club in Menlo Park, where Steve Jobs and Steve Wozniak met. It’s very cool tech – it just hasn’t hit mass adoption yet. Part […]
Ever heard of the “Dogs of the Dow”? It’s a classic stock strategy that’s been around for a few decades at least. The idea is that you pick the stocks in the Dow Jones Industrial Average that either have the highest dividend yield, or the lowest P/E ratio, or the worst price performance. By ranking […]
