I blame Robinhood… By which I mean the stock trading app, not the legendary English outlaw famed for meting out vigilante justice in the vicinity of Sherwood Forest. No, today the target of my ire is Robinhood Markets, Inc., a financial services company offering commission-free online stock trading through its hugely popular app. It has [Read More] …
Escape Groundhog Day and Put Some Excitement Back in Your Life
“What do you miss? What can I send you?” my friend asked as we wrapped up a Zoom call last week. I spent an hour or so teaching her how to invest in cryptocurrency and she wanted to offer me something for my time. I drew a blank. I stammered for a moment. “Come on—you have to miss something?” I mean, yeah—I miss my [Read More] …
2 Clear Signs We’re in a Stock Market Bubble
Welcome to your Weekly Digest! First up this week is fresh evidence of the markets losing all touch with reality or basic common sense. You may recall (or maybe not) that I divested from a lot of my stocks last year. I retained only a small, highly select group of companies in sectors like healthcare, pharmaceuticals, gold/silver mining, and, more recently, cryptocurrency banks and mining [Read More] …
Get a “Sales Price” on Stocks With This Buying Strategy
“Shoppers: We have a Blue-Light Special going on right now…” If you’re as old as me (mid-50s), you might just recognize that from Kmart. Does Kmart still exist? I don’t know. I haven’t seen one in 30 or more years. But that’s neither here nor there. Because this isn’t about Kmart as much as it’s about buying stuff on [Read More] …
A $69 Million JPG, Legal Marijuana, and a Wedding Trip to Montenegro
Dear Field Notes reader, Welcome to your weekly digest! As I mentioned in the inaugural digest last Sunday, these missives are your glimpse into what we’re thinking and talking about here at Global Intelligence. These aren’t complete stories or fully formed ideas, as with my Field Notes dispatches and the monthly Global Intelligence Letter. Rather [Read More] …