Gambling in the Stock Market
On the gambling spectrum, I’d put our lives on one end, while betting on whether a coin lands on heads or tails on the other. Pretty much everything in our lives is a bet, with the only difference being the…
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On the gambling spectrum, I’d put our lives on one end, while betting on whether a coin lands on heads or tails on the other. Pretty much everything in our lives is a bet, with the only difference being the…
Read more“When will our table be ready?” I asked. “We’re waiting for a party to finish up. It shouldn’t take more than another thirty minutes,” the hostess replied. I looked at her surprised, “Thirty minutes more minutes? Our reservations were for…
Read moreIn the early 1960s, flying from the US to Japan was a big deal. Japan Airlines had just started making transpolar flights the previous year with tickets being hard to come by and extremely expensive. Traveling outside of the US…
Read moreWe recently invested in a property with a ridiculously low price per square meter. M2 is what ‘price per square meter’ is usually referred as. You’ll find this measurement system pretty much everywhere, except for the United States. Property values…
Read moreI received a pitch deck last week from a contact I’ve spent quite a bit of personal time with. The deck is hideous. All black and white, no fancy graphics, and nothing that is visually stimulating. Furthermore, there isn’t even…
Read moreLast week we offered a new investment in a company that we have already invested in. So, this will be the second time investing in this company and this time we’re deploying even more capital at a higher valuation. (This…
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