Should you build a legacy business?

Self-employment and building a business are not the same things. In both cases, the founders are entrepreneurs and are playing a critical role in the economy. The difference comes in when those founders want to go off and do something else. In a self-employment situation, the founder does all or almost all the work. This is typical of small services …

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Of false prophets and false profits

I took a lot of abuse over the past 12 months. “You don’t understand the future!” “Trust me, I have far more experience than you!” “This company will be bigger than Apple!” Enough exclamation marks. You get the picture. Apparently, I had no idea what I was talking about with Musk and Tesla and what appeared to me to be …

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Magic Markets Ep25: Wood from the Trees

With US markets facing incredible volatility under the realities of inflation and poor jobs data, much of the risk money has moved from equities into cryptos. This has left many tech investors scratching their heads, down 20% or even 30% on stocks with exciting prospects. In episode 25 of Magic Markets, hosts The Finance Ghost and Mohammed Nalla (Moe-Knows.com) discuss the …

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Magic Markets Ep24: FAANGs at the BEACH

The title may sound like a vampire holiday movie, but most investors will be familiar with the term FAANG as an acronym for some of the most exciting tech companies in the world (Facebook, Amazon, Apple, Netflix and Google). The term BEACH is less common and is used to describe travel and leisure industries that will benefit from a return …

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Magic Markets Ep24: FAANGs at the BEACH

The title may sound like a vampire holiday movie, but most investors will be familiar with the term FAANG as an acronym for some of the most exciting tech companies in the world (Facebook, Amazon, Apple, Netflix and Google). The term BEACH is less common and is used to describe travel and leisure industries that will benefit from a return …

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What’s behind the door?

Earnings season in the United States is in full swing. I love this time in the markets, as the most important companies in the world issue their quarterly report cards. Let’s focus on what it means to “beat expectations” or, if you really want to sound fancy, “beat the street” – a reference to Wall Street although Maude Street in …

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What’s behind the door?

Earnings season in the United States is in full swing. I love this time in the markets, as the most important companies in the world issue their quarterly report cards. Let’s focus on what it means to “beat expectations” or, if you really want to sound fancy, “beat the street” – a reference to Wall Street although Maude Street in …

View Post

What’s behind the door?

Earnings season in the United States is in full swing. I love this time in the markets, as the most important companies in the world issue their quarterly report cards. Let’s focus on what it means to “beat expectations” or, if you really want to sound fancy, “beat the street” – a reference to Wall Street although Maude Street in …

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