So I’ve already written on Snapchat a couple of times now because very frankly, giving a $30B valuation to what is essentially a profitless app is absolutely asinine. When the top argument of your prospectus is how you can use “lenses” to promote movies, you know your business shouldn’t have passed the $1B market cap. […]
Is XIV the most dangerous investment in the world?
Hey Frank, I was reading an article and it said XIV was the most dangerous investment in the world and that we shouldn’t buy it since volatility has been so low for so long. I’ve looked at the graph and this ETF is up nearly 600% in the past five years. With the economy doing […]
Project 250k: Starting up (First trade: WD-40)
WD-40 (NASDAQ:WDFC) should handily beat earnings estimates and rise quite a bit this earnings season. Overall, I don’t see this stock going anywhere in the next year or two, but I do not think they will go down neither. Little hype is built into their earnings release and while I don’t think they’ll hit another […]
Project 250k
Announcing Project 250k: Can a Master Trader earn $250,000 USD ONLY by trading earnings AND after posting all his trades ahead of time? Trading earnings has always been my specialty. Last season, I went pretty much perfect, with only a few minor problems on SBUX and COST (namely, my puts expired pennies out-of-the-money) and one blunder […]
Blue Apron IPO (APRN): The World’s Worst Idea
So a few weeks ago I registered to something called Miss Fresh. It’s like Blue Apron (NYSE:APRN) (who’s about to do an IPO), except… Actually, it’s pretty much like Blue Apron, so let’s talk about this for now. So a few weeks ago, I tried Miss Fresh, the home delivery service. Like, you pay them and […]
I fucking love Donald Trump
Sorry for cussing, but I just had to say it. But seriously though: I made so much money since Donald Trump was elected that I might myself run for president one day (LOL). In case you wonder, here’s the recipe for printing free money: 1. Wait for Donald Trump to tweet something stupid -OR- wait […]
Another Question about Portfolio Allocation
I think you come off as too strong on the bonds hating. Bonds definitely have their place in a portfolio. One thing you didn’t mention is that having means reducing your portfolio volatility. You won’t have any of those -30% years as you call them if you split between bonds and stocks. Also, your portfolio […]
Three Fantastic Canadian Retail Stocks
Recently, I’ve fallen in love with Canadian Retail Stocks. Canadians are probably the most sheepish consumers in the world. There’s a rare brand loyalty to stors that in my opinion you won’t find anywhere else. It’s like as people grow up, these stores become part of who they are. So here are three fantastic Canadian […]
Bonds are for Morons
“I read your article on bonds and also the reply you posted to a comment. I think you are full of yourself and quite possibly the biggest idiot I have ever met online. It’s ironic you take yourself so seriously, yet only post replies to e-mails you have a rebuttal to. Full info: I am […]
Cameco, Silver Standard Resources, and Cenovus energy.
I got asked by a reader to write about three companies today: Cameco, Silver Standard Resources, and Cenovus energy. Of the three, the only one I know really well is Cenovus, so I will start with this one. Cenovus (TSE:CVE) Cenovus is an about-average Oil play. It ranks up there with CPG, but below WCP […]