Today is Thanksgiving, a market holiday. In lieu of our normal edition of The Bleeding Edge, today we have something special for subscribers.
Years ago, JPMorgan’s CEO Jamie Dimon said bitcoin was a scam. So, imagine our surprise when the investment bank announced its new crypto wallet patent this week…
Six days into its mission, NASA’s Orion spacecraft just sent back incredible pictures of the Moon’s surface…
Elizabeth Holmes, the founder of Theranos, was just sentenced to 11.25 years in prison for lying to investors about her company’s blood-testing capabilities…
Most traders want to make a specific amount of money… but want to get there in the fastest way possible.
So, they overleverage their positions, load up on risky bets, and get blown up. That’s a fast way to become poor, not rich… especially in a year like 2022.
It’s not as easy as simply identifying a handful of companies with exposure to Taiwan and TSMC. That’s because the impact of “losing” TSMC would negatively impact the entire world.
Warren Buffett has been eschewing technology companies for most of his career. So, you can imagine the market’s surprise when he announced that his holding company, Berkshire Hathaway, had invested $4.1 billion into this industry-leading tech company...