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: tech
How The Nigerian Government Kills Innovation
This post doesn’t offer much in the way of solutions. I’m merely trying to articulate a position, and you can fill in your own details with your own anecdotes. The story is told of a time when President Einsenhower of the United States was just President of a university. His school was growing rapidly and […]
Introducing Cashestate, Dollar Denominated Investments for Nigerians
I started thinking about how to make it possible for Nigerians to invest in US Dollar opportunities as far back as 2014. Around this time four years ago, in this post, I talked about the difficulties Nigeria’s economy was going to face and how Nigerians should find ways to convert their money and invest in […]
Apple Hits $1TRILLION
It finally happened. Apple Inc. became the first company to hit a trillion dollar market capitalization ever in the history of everything. This is a legendary moment. From the days when Apple was almost going under, to the re-emergence of Steve Jobs and the creation of the iPhone, this is one of the most remarkable […]
An Interesting Play for the Rise of the EVs
So guys, first off I finally sold my holdings in Tesla that I’ve been in since 2012, enjoying around 40% growth every year. I didn’t sell it because the stock has gotten riskier (although it has) or that I think it’s going down any time soon (though there’s a 50/50 chance of that if Model 3 […]
Trump Announces A Dramatic Tax Overhaul
The Trump administration just announced a tax plan that is eye popping to say the least. The plan includes a number of proposals which include: slashing the top business tax rate from 35% to 15% reducing the 7 individual tax brackets to 3, which are 10%, 25% and 35% each doubling the standard deduction from $12,400 […]
Buy #Amazon 2017
Amazon, Amazon, Amazon. The gift that keeps on giving. Jeff Bezos has been my favorite CEO since Steve Jobs died, and increasingly Amazon is becoming my favorite company. Their retail story is well digested and understood. Amazon knows one thing: the key to retail is to make the friction between the decision to buy stuff […]