I don’t intend this to be a very long post. It’s mostly a musing. Why are founders the best people to run their companies? If you look at most of them, they’re erratic, iconoclastic and relatively inexperienced at building companies. They don’t have the structure that MBA types have. So it often seems to be […]
Tag: risk
Elon Musk vs. the SEC (how we got here)
I was a Tesla shareholder from 2012 until August 2017. My reasons for selling were very simple: I loved the company because they made great cars that combined technological futurism, environmental safety and performance. Insane, Apple level great, cars. But over the years, I had seen the CEO wreck the balance sheet by piling on […]
Nigerians Let’s Talk About Health Insurance
The average Nigerian does not have health insurance. I don’t have a survey telling me that but anecdotally and just knowing our environment, we know that is true. I know my people. Among the few Nigerians who do have health insurance, the chances are that they’re not paying for sufficient coverage. What’s the deal with […]
The Difference Between Investing and Trading
I get people telling me all the time “I want to invest x amount so I can start making x amount of money every month to pay for this or that.” So today I want to explain something to everyone who would love to invest, that I think will help you better understand what investing […]
How to Boost Your Returns With Options
A thousand million people have asked me to write about options, so I’m fucking going to okay? I mean I always wanted to but its hard to know how to explain a relatively advanced strategy like options in a way the average reader who is just starting out investing would really understand. But I’ll give […]
#BitcoinReads: ISIS has $3m worth of Bitcoin
During my #BitcoinReads today, I ran into some interesting information. Apparently ISIS, the terror group behind the recent Paris attacks has been using Bitcoin and other cryptocurrencies in their money laundering activities, amassing an estimated Bitcoin wallet of $3million (which amounts to approximately 9,000 Bitcoins). The claim was made by Jennifer Shasky Calvery, Director of […]
