As so-called ‘FANG’ stocks (Facebook, Amazon, Netflix, and Google) keep making new highs, predictably some say we’re in a tech bubble: Are Amazon’s Shareholders Suckers? The Silicon Valley Bubble TECH IN THE TRUMP ERA: IS THE SILICON VALLEY BUBBLE ABOUT TO POP? Is Silicon Valley in a bubble? It’s complicated Silicon Valley Sees The Pavement… Continue reading Not Worried About Tech Bubble (and how HBD can be used to beat the market)
Tag: web 2.0
Crying Wolf: Holding the Pundits and Media Accountable for Being Wrong about Snapchat and Web 2.0
Snapchat’s valuation has now eclipsed $30 billion on its second day of trading (in agreement with my prediction in June 2014)…yet so many pundits got it wrong. But not just for Snapchat, but also Uber, Facebook, Google, Dropbox, Pinterest, AirBnB, Amazon, and many more. I’ve been reading predictions of a Web 2.0 bubble burst since… Continue reading Crying Wolf: Holding the Pundits and Media Accountable for Being Wrong about Snapchat and Web 2.0
Amazon, Google, and Facebook: Bigger is Better
Why giants thrive The power of technology, globalisation and regulation This is why a simple investing strategy that goes ‘long’ equal weight the three biggest, fastest growing, and most successful tech companies (AMZN FB and GOOG) has done so well. Is past performance indicative of future results? No, but as far as strategies go, it’s… Continue reading Amazon, Google, and Facebook: Bigger is Better
Airbnb Files to Raise $850 Million at $30 Billion Valuation
Look like I’m right right again: Airbnb Files to Raise $850 Million at $30 Billion Valuation: Airbnb has been restrained about how much capital it takes on compared with ride-sharing company Uber Technologies Inc., which has raised more than $15 billion in equity and debt. Airbnb and Uber are often discussed together because they were… Continue reading Airbnb Files to Raise $850 Million at $30 Billion Valuation
Right Again: Tech Companies Keep Posting Blowout Earnings
Over and over again, I keep being right. In mid-2015, in the article Why the Web 2.0/Tech 2.0 ‘Bubble’ Refuses to Burst, I wrote: But I am pessimistic about the hardware unicorns (Fitbit, Skullcandy, GoPro, Jawbone) as opposed to the app/website ones, so It’s not like I am emphatically bullish about everything, and these hardware… Continue reading Right Again: Tech Companies Keep Posting Blowout Earnings
Correct Predictions
Predicting the future is notoriously hard, and that seems to have so far discouraged potential authors and readers alike. Predicting is not as hard [1] as, say, understanding theoretical physics or algebraic geometry. There is a simple heuristic I use: assume past trends will continue. Stocks will keep going up, wealth inequality will keep widening,… Continue reading Correct Predictions
The Daily View 3/8/2016
Homework is wrecking our kids: The research is clear, let’s ban elementary homework And the Reddit discussion, which is more valuable than the article. A common thread among commenters, growing up, is that homework was tedious and useless, yet scored high on tests, which is a common trait among smart people, who tend to test… Continue reading The Daily View 3/8/2016
Web 2.0 & the Economy: It’s Different This Time, Part 2
In the past month, there have been a plethora of doom and gloom articles about web 2.0, Silicon Valley, the economy, and start-ups. In this series, I address some of the major concerns, arguing that perhaps the negativity is not all warranted. Part 1 From Amerika.org: The coming dot-com 3.0 collapse: Google, Apple, Facebook, Amazon… Continue reading Web 2.0 & the Economy: It’s Different This Time, Part 2
Not Worried About Tech Valuations: Why It May Be Different This Time
In the past month, there have been a plethora of doom and gloom articles about web 2.0, Silicon Valley, the economy, and start-ups. In this series, I address some of the major concerns, arguing that perhaps the doom and gloom is not all warranted. Big-Cap Tech Stocks Are a Sucker Bet We’ve been hearing these… Continue reading Not Worried About Tech Valuations: Why It May Be Different This Time
The Daily View: 1/17/2016 (lots of stuff)
From Fred Reed: The Inevitability of Eugenics I predict within 50 years America will start giving Eugenics a serious consideration as a way to tackle the growing entitlement spending problem, which by then will be much bigger than it is now if trends persist. Liberals and conservative alike need to get over this squeamishness of… Continue reading The Daily View: 1/17/2016 (lots of stuff)