Around this time every year, we would start to see the prediction machine humming. Talking heads on CNBC and all over Twitter start espousing what they think is going to happen going into the next year. This year though, the…
Learn moreIt has been a hell of a year for IPOs. Last week we saw DoorDash (DASH) fly, closing the day up 86% from its IPO price of $102. Airbnb followed the next day with its own very impressive first-day move….
Learn moreLet’s be honest, the best market analyst of 2020 has been Dave “Davey Day Trader” Portnoy of Barstool Sports. He has insisted that “stocks only go up” and has continuously made bets on garbage stocks that move higher, largely thanks…
Learn moreAs I look at the flood of earnings reports coming in, one group of companies is blowing the doors off everyone else: Private Equity (PE) firms. The turbulent markets and low-interest rates have provided a perfect storm of opportunities for…
Learn moreThe markets last week were fairly flat despite a flood of earnings reports and economic news. We were down on the week, but by less than 1%. That seems almost unusually quiet for a week in the year 2020. Earnings…
Learn moreLiving in Florida, one learns to dread the Federal election cycle. The constant bombardment of ads has been bad enough for the past month. Over the next few weeks will see us reach genuinely ridiculous levels. It is not worth…
Learn moreIt was September 2019 and Jason Robins, CEO of DraftKings, was weighing his options: On one hand, he knew he wanted to take the sports-betting company, that he started alone in his Boston apartment eight years earlier, public… On the…
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