What, a juice one where you spend 1/2 the day cutting fruit & the other 1/2 hungry, with a headache? But 3 days later feel amazing, full of vitality & hope? Almost – the same feeling of hope & promise, but minus the headaches – we’re getting rid of those Although some “cutting” may be … Read on
Well, if you exited the market in October 2007 and, most importantly, re-entered on 9th March 2009 and then exited in early Feb 2020 (before any word of Covid) climbing back in on the 23rd of March 2020 then I’m impressed and you have my full attention Of course, you’ll need to nail it 100% … Read on
and I remember thinking, “what on earth is he on about?” The market isn’t a mythical, vindictive beast wandering around with whips and chains looking to harm people and their investment accounts Although I’m sure the Bitcoin Bulls feel like they’ve spent a few hours in the torture chamber recently.. But to explain, think of … Read on
Why’s that? Because: I think inflation is going to fall,meaning the Fed can lower rates,and that’s good for growth funds and stocks So, I’m holding onto the growth funds that have lost my clients bucket loads of money this year, in the hope of recouping the losses next year Well billionaire, Ed Seykota, will tell … Read on
Although coffee in the morning and chocolate at night is enough to make anyone smile, right? Unless, like me, 24x earnings makes you wince But this is the “Gourmet” of companies on “Quality Street”, the “Carnation” in the onion patch, isn’t it? Well, I think lurking beneath all this “happiness” are a few home truths … Read on
Forgive the poetic license, but in testimony to congress a few weeks back, Mark Zuckerberg admitted that Facebook had “missed a major shift” – people’s changing use of social media But how can one of the largest tech companies, with thousands of engineers, all the AI in the world, and a constant focus on the future, … Read on
“Bitcoin got fried”, a title in today’s FT, would have gone over my head 24 hrs ago I’d never heard of Sam Bankman-Fried & might have guessed “FTX” was a sports car brand extension My 2022 surprise list a year ago (see comments) was for Bitcoin to fall 50% to $25000 so the collapse doesn’t … Read on
The Brazilian oil company that’s controlled by the Government of Brazil which has just elected a new President? Yes Save your breath – I don’t like companies exposed to Government interference – I can’t forecast political risk But don’t you own Apple? Yes, but that’s a US company I know, but one of the risk … Read on
Last night it detonated Causing $180bn of damage after hours as it ripped through portfolios worldwide So if you own funds that hold it because it’s a “great company” or big in the benchmark, please call the portfolio paramedics because you took a hit And while getting treated, please re-read the disclosure about, “past performance … Read on
“What a” disaster Long-term readers will know I’ve tried to warn people for some time about this “great company” But even I was taken aback at the level of faceplanting Daily Active Users were flat / marginally up in all regionsARPU was only down 4% q/q worldwide Yes, revenue declined 4% but that shouldn’t have … Read on