Archive for May, 2011

  • We Need A Social Capital Scoring Engine
    Posted by on May 30th, 2011 at 9:34 pm, Comments: 0

    The peer-to-peer and access over ownership economy is just getting off the ground.  Airbnb, per today’s Techcrunch article, is now valued at a billion dollars.  Getaround, the Airbnb for cars is about to blow up.  Someone is going to do a local household item sharing or renting service, if it isn’t in the works already. [...]

  • Colombia: More Than Drugs These Days
    Posted by on May 30th, 2011 at 8:42 pm, Comments: 0

    The best trading opportunities are found when not enough people are paying attention to an asset, or in some cases a whole asset class.  Even better opportunities are found when reality deviates significantly from the prevailing view. Right here, right now, Colombia is experiencing both.  No one is talking about what is taking place in [...]

  • Is My Stream Representative of “The Market”?
    Posted by on May 26th, 2011 at 7:53 pm, Comments: 0

    I wonder sometimes these days, is the sentiment on my stream representative of “the market”?  It’s a strange feeling really, to see at least a dozen guys I trust who are good traders to be pointing out the same great setups and breakouts.  It makes me wonder, does the whole market see what we see? [...]

  • Access Over Ownership
    Posted by on May 25th, 2011 at 12:05 am, Comments: 0

    I’ve been at the TechCrunch Disrupt conference the past two days, meeting entrepreneurs from other startups, venture capitalists, and angel investors.  The conference, like most conferences, is full of cheese, but there is a lot to be gained from being there as well.  The opportunity to speak with so many great minds about what we [...]

  • Purchase Sharing Needs Context
    Posted by on May 20th, 2011 at 5:41 pm, Comments: 0

    There is a post on Techcrunch today about the death of Blippy, the purchase sharing site that has for all intents and purposes, failed.  Many people will see their failure as a reason to believe consumers aren’t willing to share their purchases, for whatever reason.  I completely disagree, and believe that opening up your credit [...]

  • What If Internet Companies Don’t Have Access To An Open World Market Of Users
    Posted by on May 17th, 2011 at 6:34 pm, Comments: 0

    I don’t agree with the theory that we are in another tech bubble.  The numbers just don’t add up, yet.  That isn’t to say that we can’t or won’t enter one down the road, but right now, things are still rational. One piece of data that rationalizes the large valuations for recent internet companies is [...]

  • Why The Yahoo/Alipay Debacle Is a Great Learning Experience For Traders
    Posted by on May 16th, 2011 at 7:27 pm, Comments: 0

    It’s not often when so many great lessons of the market come together in one trade.  The dispute over ownership between Alibaba and Yahoo of Alipay and the action in Yahoo’s stock surrounding it provides several critical lessons to market operators.  Although this trade hasn’t completely played out yet, and the dispute is far from [...]

  • Selling Into Strength Doesn’t Mean Catching The Top
    Posted by on May 13th, 2011 at 2:32 pm, Comments: 0

    If you trade a momentum strategy as I do, your discipline in selling winners will always be more important than how you take entries.  Buying into a position is not difficult, pattern recognition is a skill which can be learned relatively quickly, it’s just a matter of putting in the hours and having a decent [...]

  • On Income Inequality, Unemployment, and Technology
    Posted by on May 12th, 2011 at 6:04 pm, Comments: 0

    Our society has a problem.  A big one.  It will only get bigger. The way in which our economy distributes wealth has structurally changed.  This didn’t take place due to the nefarious, illegal, or immoral practices of a few.  The structural issue we are faced with is the result of three global trends reshaping not just [...]

  • Why A Pair Of Crox Cost Me $1,000,000
    Posted by on May 5th, 2011 at 5:10 pm, Comments: 0

    We all make mistakes, that is the only way we truly learn.  When it comes to trading, some mistakes are more costly than others.  Bad risk management can put an end to your trading career before it even gets off the ground.  A few bad entries can screw up your quarter.  Being stubborn about a [...]