The Stock Market Isn’t the Stock Market Anymore
Wednesday, December 17, 2025
For years, if we wanted our money to grow, we’d invest in the stock market. And for years, this was fine.
Wednesday, December 17, 2025
For years, if we wanted our money to grow, we’d invest in the stock market. And for years, this was fine.
Wednesday, December 10, 2025
My buddy Jamie teaches high school in Boulder. He called me in a panic last week.
Wednesday, December 3, 2025
A few weeks before Thanksgiving, my 6-year-old came home with a Labubu. Not a boo-boo, which he often comes home with after a rough soccer match.
Wednesday, November 26, 2025
A few weeks ago, I published an essay titled, Klarna: Sorry, But I Told You So. In the essay, I walked you through Klarna’s IPO, explained why investors were salivating over it — then showed how investors got punched in the mouth when the stock fell off a cliff.
Wednesday, November 19, 2025
Don’t get caught paying too high a price for your investments! This is a problem for stocks, and it’s a problem for startup investments, too.
Wednesday, November 12, 2025
Oh, man. Now things are getting interesting.
Wednesday, November 5, 2025
A few decades ago, going public was the American dream. Visionary founders like Bill Gates built great companies, rang the bell on Wall Street, got rich — and then handed everyday investors a shot at owning the next big thing.
Wednesday, October 29, 2025
In 1965, a college kid named Fred turned in a paper for his economics class. His idea was simple: as the American economy modernized, it would need a dedicated air-based delivery network capable of moving packages overnight.
Wednesday, October 22, 2025
Let me ask you a question. Why would a 150-year-old Wall Street bank — one that makes its bread and butter taking companies public — buy a venture capital firm that focuses on private startups?
Wednesday, October 15, 2025
Not so long ago, the best way to build wealth in America was simple. As classic investment books like Stocks for the Long Run explained, we should buy shares of great public companies and hold onto them for the long run.