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…

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….

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…

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….

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…

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…

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…