The latest political drama over the X-date, the date at which the U.S. government can no longer pay its bills, has turned out to be anticlimactic. As predicted, there was a lot of political theater and horse trading, but the U.S. House of Representatives voted for the increase in the debt ceiling 314-117 to get the deal done. Oddly...
Bitcoin is going through another growing pain. And like any parent who deals with their kids going through growing pains, it’s creating a lot of angst.
The common thread amongst these billionaires is that they’re dreamers. And they’re ambitious enough to want to do things that have never been done before. The best projects have been invested in for more than a decade without any concerns about profitability. Losing money was irrelevant. Succeeding in the mission was what was important.
It's hard not to succumb to the excitement and hype around artificial intelligence right now. I’ve never seen so much technological advancement in any sector compared to what we’ve seen with AI in the last six months… As an investor, it’s easy to want to be part of the ride. It must go higher, right? Everyone wants more AI,...
The thought of powering our cars, trucks, trains, and even planes with the most abundant element in the universe sounds like the solution to greatly reducing global carbon emissions. After all, its only byproduct is water when used.
In the summer and fall of 2021, many investors learned a new term: “transitory inflation.” The term was trotted out again and again by the Fed Chair, Jerome Powell, to explain away the alarming rise in consumer prices. Powell’s argument—in essence—was that inflation was simply a result of supply chain constraints which, in turn, were caused by the lockdown...
In this mailbag edition, Jeff shares his thoughts on an early-stage company he hasn’t recommended despite the company’s focus on an exciting sector. Readers also want to know if Jeff believes a central bank digital currency (CBDC) is constitutional and what the difference is between an exchange, a broker, and an alternative trading system (ATS).