I’ve been spending a few days in Bhutan with my Mom (photo below), and it’s been a truly special trip. I’ve had a little time to think, reflect, and in addition to committing to writing some more, there will be a few monster announcements coming in a few months, so stay tuned! A few quick hits below:
One of the many books I’ve plowed through on the long travel times was Thiel’s Zero to One. One of my favorite passages revealed that if he could ask a startup just one question before investing, what one question he would ask?
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Most asset classes got creamed in September. Guess one of the only ones that didn’t? Trendfollowers.
Speaking of trendfollowing – that is a system that would have saved your hide in the 70%+ bitcoin drawdown going on currently…
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I don’t think many investors realize this, but there are some ETFs that pay you to own them. Think about that.
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70 biotech IPOs this year. Previous peak was 64 in 2000.
Source: CSFB
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Investing in the true global market portfolio means at various times you’d have ~35% vs 65% in stocks. And you don’t rebalance. Ever.I forget what reminded me of this, but I have this quote hanging in my bathroom in CA:
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A good article from an ETF vet.
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If you’re looking for a good listen to drink a glass of wine too, try Mandolin Orange – a NC bluegrass band. I’m having a Druk 1000 as we speak…
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This sign is hanging in my bathroom at home, not sure what reminded me of it…
“We have a strategic plan. It’s called doing things.” – Herb Kelleher
