US equities are not off to the best start to the year, but not terrible either, with the S&P 500 ending Q1 down 1.2%. While we’re still bullish for 2018, this…
Month: March 2018

What Does Tesla Do Now?
Shares of Tesla are down 30% on the year, and its high yield bonds now pay over 7.5% versus less than 6.0% late last year. There is no one reason for…

For Sale: One Unicorn, Barely Used
With Dropbox’s successful trading debut likely spurring more technology companies to come public, we reviewed the performance of other IPOs of US tech unicorns over the past year. So far, Dropbox…

Apples and Oranges, Bitcoin and Stocks
I have never really understood why “Apples and oranges…” is supposed to mean, “Those two things are totally different!” Both are fruits. Both grow trees. Both are roughly round. Both make…

Value Investors – This One’s For You
The only good thing about stock market corrections and/or bear markets is that they eventually create notable opportunities for outsized future returns.Consider: Amazon was trading for $52 at the end…

Yes, Tech Sector Volatility Can Get Worse
The word “volatility” has an odd origin; in Latin volare means “to fly”. Over the last 2000 years it has taken a different meaning, of course – more about plummeting than…