Breakaway - Investing & Finance

Markets are booming!!!  NFLX and TSLA at all time highs. Biden hates Tesla, but he can't stop them!  Wealth taxes are un-american!  Happy Halloween! 

Markets are now up an astounding 21% year to date. This is crazy ridiculous fun!  Tesla, Netflix and Microsoft hit all time highs this week!  Tesla vs the Biden Administration. Its nuts that the Biden Administration hates TSLA and is putting up roadblocks for one of the most important companies of our time.  Netflix will grow to 1 Billion subscribers... 4x where it is today. So very little risk to...

Netflix! Stock at all time high. Chapelle killed it in his last stand-up. Employees at Netflix are staging a walkout. Co-CEO Ted Sarandos comes out and says we're not taking it down! Kudos for taking a stand and not bending to the will of your employees (uhem Apple). Companies need to nip "cancel-culture" in the bud and get back to their Missions (see Coinbase).   SoCal rocks. I sta...

Elon musk was recently interviewed by Kara Swisher at the Code Tech Conference. Here's link:  https://www.youtube.com/watch?v=ESIjxVudERY I play some of my favorite clips. If you're not interested in Elon Musk, Tesla or SpaceX this is probably not an episode for you...but if you are, I hope you love it. NFLX stock price reached all time highs this week; and that's in the face of a m...

Ryder Cup golf is amazing TV.  does Jordan play 36 or 54 holes per day?  Markets up 19% YTD.  Newsom to spend $15b on environment. Fine, but be careful shutting nuclear down.  A Haitian migrated with his family from Chile to the US. Personally, I would have just stayed in Chile.  China. Cyrpto banned. Jack Ma , Alibaba CEO, is not painting. Lobotomy anyone?  Watch out for those fees...they'll...

Our compassionate Governor of CA survived the recall! Not that surprising.  He's good and has Presidential ambitions.  SpaceX just launched 4 civilians into space to orbit for 3 days. That is mind-bending.  Tesla is getting royally screwed by the government for not unionizing. F*%k unions.  Carvana! Ernie II and Ernie III making billions off of stupid investors...good for them!  MSFT doing a...

I don't want to talk about Afghanistan, but how do I not?  Baby from Nirvana's iconic Nevermind album cover is suing for child pornography.  Newsom is in serious trouble. There are really good candidates to chose from; democrat and republican.  Markets: I bought Etsy and Square and I discuss WHY.  Coinbase is a little scary in terms of how they can rope you in to spend more money.  Waymo...

I'm back after a 3 week hiatus. Did the Alcatraz triathlon. Epic!  Afghanistan is a disaster, but that's US foreign policy in a nutshell.  Tesla AI is incredible and even more incredible is that their stock isn't up over $1000 today.  Cathie Wood's ARK invest is innovative and interesting and now losers are creating financial instruments to specifically bet against her (i.e. sh...

Markets continue to roar!!  MegaCaps are outperforming. simply stunning that Nvidia and Google are up 50% year to date.  Bitcoin discussion with Cathie, Elon and Jack.  Bezos goes to space. That's a good thing.  Jamie Dimon the CEO of JP Morgan should retire.   Manifest is a good show. Interesting how its on Netflix.   My new favorite movie is BayWatch! 

I've been gone for a couple of weeks so had to update fast on a million topics: $3.2 trillion more govt spending. Inflation already thru the roof.  Stock market up 16% YTD. Bless you if you own, NVIDIA, FB, MSFT, PYPL.  CAPE ratio and other indicators are getting scary.  Covid. We're masking up again in CA.  Love this authoritarian state and dictator Newsom.  Metaverse! ETFs, like ARK an...

The US stock market is on fire, up 14% year to date.  Covid is basically history in the US.   Microstrategy and its CEO Michael Saylor have gone lunatic betting the company on Bitcoin, but I guess shareholders don't mind, because there valuation rocks.   Peter Thiel is a multi-billionaire and has a $5b Roth IRA. Good for him!? I think?   Lordstown - EV Truck manufacturer - CEO and CFO resigne...

On June 15th CA is going back to normal...we'll see.   IRS leaked tax returns of billionaires, like Musk, Bezos, and Buffet (but not Trump?).  Now there's a big uproar to get them and corporations to pay more. They actually pay a lot; it just very misunderstood.   Cyber attacks on meat plants and pipelines. These don't seem like industries that are cutting edge tech; but they really...

I'm a little fired up on this one.   Phil Mickelson wins the PGA Championship at age 50! Incredible. Now he will team up with Tom Brady to play against Bryson DeChambeau and Aaron Rodgers. Will be an epic match, with so much tension between all of them.   Some minor updates on Covid politics and big tech media censorship.  Reed Hastings is supporting Gaven Newsom. Newsom is single-handidly de...

Crypto is all the buzz this week. I'm getting a little tired of talking about it, but its unavoidable.   In California we still wear masks, our kids don't go to school and restaurants are not at capacity.  In California we may eliminate Calculus in high-school in the spirit of equity.   AT&T is divesting Warner/HBO, which will merge with Discover+ and David Zaslov will continue to be...

Finally, CDC moves in the direction of common sense and says if you're vaccinated you don't need to wear a mask in most instances. People are losing their s**t on this one.  Government is spending money like drunken sailors and inflation is here; interest rates will have to rise. That effects you, me and stocks.  Pipeline warfare. This is war and we need to battle. We also need to be mor...

Vaccines and CDC lightens mask requirements. Yay.  FATMAAN: Facebook, Apple, Tesla, Microsoft, Amazon, Alphabet, Netflix.  All big name-brand consumer facing companies looking strong.   Semi-conductor chip shortage.  Tesla earnings. Tesla for the 100th time is not a car company. And Elon even goes as far to say that in the future won't be thought of as Car OR Energy, but AI/Robotics company....

Warning: I went back and listened to this, and I think it sucked. Probably being hard on myself, but instead of pulling it down, I'll leave it up, but with this warning. I'm committed to improving!   Crypto is completely out of control. Doge leading the charge, but down 60% this week.  Tesla car crashed and killed 2 people. BTW, I laughed during this segment which I think is inappropriat...

A great Friday it certainly is!  Markets are up 7% year-to-date.  Vaccines. All good news here!  Tesla surprised everyone and out-delivered expectations this quarter.  Government spending leads to taxation.  Capital gains going away? Wealth taxes?  Markets are so frothy.  Archego Capital implodes. Too much leverage! Heard this story a million times.  Red Notice - the book - is great.   Bill Gurley...

Biden gives his first press conference ever. A lot of people made fun of him for stumbling around but we really should focus on attacking policy and not people. Overall, I think he did fine.   Newsom is a disaster and a recall election is imminent.  CA has 5 million un-used vaccines on shelves. Just open up already and let everyone get in line.   Markets have been quite volatile of late, but don&a...

The economy is opening and the money is flowing!  Plan to bbq for Memorial day weekend.  There is so much money sloshing around that people don't even know where to put it.  We're clearly in a bubble, but maybe it will never pop.   SPACs and non-fungible digital tokens. Its really crazy.  

Covid hypocrisy and craziness continues; it's hard to imagine life before Covid. UC Berkeley has locked its students in the dorm rooms: no out door exercise allowed!   CA is becoming a failed state. Gov. Newsom is taking a lot of the blame and will very likely see his name on a recall ballot this summer.  Disney stock to all time highs. And they fired Gina Carano, female star of Mandalorian f...

How can I not chime in on the Reddit, RobinHood and Gamestock fiasco. At the center of it is hedgefunds. I dive into what shorting is and the short squeeze.  Here it all is in plain-english so you can explain it at the dinner table and look super smart.   Finally, a wrap on FAANG of FANMAG (Facebook, Apple, Netflix, Microsoft, Amazon, Google).  Should we all start owning more Tech stocks, like QQQ...

Joe Biden is our president. I talk about how this will effect the markets in 2021. I also provide thoughts on minimum wage, immigration and college education.   Netflix released earnings this week and it was a doozy! Enough to drive the stock up almost 20% to all time highs.   Disney is also floating around all-time highs, but its less clear why they deserve that valuation.  

Trump has not only damaged Democracy, he has crashed the Republicans and burned his brand!  Shutting down Parler has really demonstrated the few un-elected officials that control the social dialogue and in turn business and politics.   Affirm is a new FinTech company and they are looking good!  Streaming wars...always something brewing. I'm worried about Netflix stock price in near term, beca...

Riots on Capitol Hill; must talk about that. We need to stop labeling people and we need to cancel the cancel culture.   2020 was a great year (for markets) and most believe 2021 will be similar.  Elon Musk richest person in world. Tesla 5th most valuable American company.  Some of my favorite 2020 shows for wife, me and watching with kids.  Happy New Year!