I mean, there are roller coasters…and then there’s bitcoin. The last year has been epic in so many ways. The world’s #1 cryptocurrency raced to more than $60,000 this spring from just $9,000 a year ago. And then it fell back into the $40,000s, before racing back toward $60,000…before falling out of bed this week [Read More] …
The Biggest Buying Opportunity Since Amazon
Time heals all wounds—that’s a saying we’ve all heard. But time also has another knack: Exposing the small thinkers who can’t see beyond right now to the much bigger future steamrolling toward them. To that end, let me open up a portal into the past and show you a slice of time in late-November 2001. [Read More] …
Are We Heading Into a “Lost Decade” for Stocks?
I must’ve been about 11 years old when I first realized I might be an idiot. At the time, my grandparents owned a lake house in Louisiana. That sounds more highfalutin than it was. The lake “house” was just a small, basic cabin—probably no more than 900 square feet—they bought in the 1960s with two [Read More] …
Meddling Elon Musk, China’s Ticking Time Bomb, and My Vaccine Update
Welcome to your Weekly Digest…my breakdown of the stories we’re thinking about and talking about in the Global Intelligence world. First up this week, Elon Musk is at it again. It seems that the world’s richest internet troll can’t go more than a day or two without throwing his celebrity-billionaire weight around in the cryptocurrency space. Last weekend, it was his cringe-worthy appearance on Saturday Night [Read More] …
Here’s How Much It Will Cost Me (and You) to Retire
Grab your calculator. I’ll wait… OK. Let me start by noting that today’s missive comes to you by way of the United Kingdom. I am not there, mind you. I am at home in an exceptionally rainy Prague, where I just finished reading a story in a British publication warning that soon-to-be retirees might be in for a hellacious [Read More] …
