The IPO share lockup at Figure ($FIGR) expires tomorrow, March 10. I generally view these as a non-event, or as a chance to add shares if you want to own them for the long haul and a lower price is offered.
Done for today - you can request more charts for the coming week. I may be slow in replying, but I do process them.
$5b market cap above please. Try to pick just your favourite 1.
I have a small queue of chart requests which I will process this week.
$COIN $HOOD $SNAP $PLTR
Please be patient as I have been travelling.
You can leave more requests below here (please be polite).
The world's most popular browser:
Google Chrome
Unfortunately it sucks your computer memory and slows it to a crawl.
Here are 7 simple ways to speed up Chrome:
Good tech writers are few and far between.
I talk to tech-focused funds and VCs weekly about software trends.
I noticed these were the highest quality blogs and publications many of them read:
Saul is my 2021 Investor of the year.
I have studied many successful fund managers this year but nobody beats the success of him.
He has averaged over 32%+ CAGR for over 28 years and 6x'd his portfolio returns.
This is Thread Pt. 2 of where I dig deeper into his framework:
1/ How do you build long term performance? Warren buffet is 90. Half of his net worth was accumulated in the first 60 years and another half in the last 10. So stay healthy because the last 10 years matter! But what are the super long term skills every investor needs to master?
Recently read "Zen and the Art of Motorcycle Maintenance" after @williamgreen72 illustrated the impact it had on Nick Sleep's approach to life and work. Below are some of my favorite quotes and notes/takeaways.
Why does the average investor underperform the market so much?
According to studies, it has to do with trading too much. The more trading, the higher the underperformance. See this Berkely study, for example:
faculty.haas.berkeley.edu/odean/papers%2…
Long 🧵on long-term investing 👇
1/25
I like to only hold enough cash to buy half of a new position, and then be forced to sell an existing position to buy the other half. It forces you to sell your weakest positions to add new ones. A smaller cash position keeps a stock picker honest/less sloppy.
Reflection.
With the Q3 earnings season nearing the end, and after doing numerous earnings reviews for my portfolio companies.
Here’s 10 of my biggest reflections and key takeaways 👇🏻:
I asked, “What are the best YouTube channels for learning (any subject welcome)?"
I received 259 AMAZING responses
Here are 20 top channels that will make you smarter: