It’s Ready Player One. Read the book, don’t watch the movie. In case you don’t know the plot already, it’s about a boy who solves puzzles in an online world and wins a lot of money and gets the girl in the end. And how is this a book about investing? Let me try to explain. There are… Read More »
The 1993 movie Groundhog Day starring Bill Murray is a comedy classic. If you have never watched it, you should put it on your bucket list The plot of the movie is simple, the character Bill Murray plays is stuck in an endless time loop where the same day is repeated over and over again, and he must figure… Read More »
For the last two months, I have been obsessed with Ethereum trading pools on Uniswap Level 3. That’s where you provide liquidity to a trading pool that allows users to swap tokens. It’s a decentralized exchange. If the transaction volume is high enough, you can make anywhere from 0.5% to 2% a day of your initial investment. That’s an… Read More »
After the disaster of May and June, when the price of Bitcoin dropped 50% (and some altcoins dropped 80%), everybody breathed a sign of relief when we rallied in the summer. Bitcoin is only 13% off its all-time high. Ethereum is less than 5% off its ATH. Too bad September is historically the worst month of the… Read More »
By the time news hits that the yearly corn crop is a bust or a bumper crop, that information is already reflected in corn futures contracts. The big buyers and sellers of corn contracts already know what the crop is going to be like months in advance. Or they have some really solid guesses that are more often… Read More »
In 2001 Apple stock price was 37 cents (adjusting for splits). Ten years later, it was $11.50, and today it’s about $145. Simple question: Why did it go up so much? There are many reasons why, but I will talk about two. If you read the news stories of the day, you would say it was because of… Read More »
