What’s on our minds

The Nasdaq was up about 5% this week following the election, versus the Mag 7 up 7%. Below I outline what I believe to be the reasons for the move and what it means for tech investors over the next…

Simple, Effective Hedge Funds Arthur Jones was a sociologist who studied at the Marxist Workers School in Berlin and later became a writer for Fortune magazine. At the age of 48, Jones created the world’s first hedge fund. It’s often…

The Inevitable AI Bubble AI will create one of the largest technologically driven bubbles of all time, and we’re only in the early innings. Breakthrough technologies always invite bubbles. Alistair Nairn describes the similar pattern of new technologies in Engines…

Is the IPO window open? Investors, bankers, and market commentators answer that question by whether IPOs are getting out. ARM is about to go public. So are Instacart and Klaviyo. If those companies have successful IPOs — judged by demand…

What ARM, Instacart, and Klayvio will tell us about the future.

The IPO window is open again. Instacart filed to go public last week, along with ARM and Klaviyo.

Markets occasionally misprice persistent growth opportunities, and that is the essence of great growth investing. Apple and Amazon are examples of the power of persistent growth. Shares of AAPL and AMZN are up 10x since 2012. The S&P 500 is…

At last month’s WWDC keynote, Apple announced that 98% of cars sold in the US are now compatible with CarPlay. This data point did not surprise me. What did surprise me are the updates coming to CarPlay next year and…

Takeaways: There were reports that TSLA has plans to increase its China production from 1.1M to 2M vehicles/year. As a point of comparison, VW expected to be able to produce 1M EVs in China in 2023. Bottom line is: China is…

Peloton recently launched a new cycling workout mode akin to gaming on the Peloton Bike and Bike+. Lanebreak motivates riders to earn points by changing cadence and resistance, synced with music and graphics. The win for Peloton here is not the opportunity…

This was originally posted on Doug’s blog, Uncomfortable Profit. The most powerful question in investing is: What is something you do today that everyone is going to do in the future, and the market doesn’t know it? Thus begins the search…

Gene and Doug take a look at Facebook, Spotify and PayPal results. If you miss in this environment, you’ll likely be punished more than usual. That trend is not going to change for the balance of this reporting season.