Editorial

Is Investing in SPACs A Good Idea Again? (Was it Ever?)

Not that long ago, blank-check special purpose acquisition companies (SPACs) were all the rage on Wall Street. In 2020 alone, there were 248 SPAC target IPO deals, with a whopping 613 of them coming the following year. The market was hot! How hot was it? Well, the...

Stock Market Returns During Election Years

Turn on any cable news channel and you’ll be told, ad nauseam, that this is the single most important election in US history. If candidate A doesn’t win, democracy is over… If candidate B doesn’t win, the economy will be in shambles. And your money? You can kiss it...

Robot Birds, Model-Ts, & $70 Billion in FinTech

Around 350 B.C.E, Pythagorean mathematician Archytas of Tarentum presented his friend Plato with a gift. On the outside, it looked simple enough. It was a wooden pigeon.  But this was no simple, hand-carved bird. You see, this seemingly ordinary-looking gift had...

Why Most Self-Directed Investors Lose Money… A Lot of Money

If you had just a 10% chance of being successful at skydiving, would you jump? Let’s not be ridiculous, of course you wouldn’t.  You might not even jump if you had a 99.998% chance of landing safely, which you do. Now, think about this… Would you buy a stock if you...

Can You Beat Hedge Funds… All By Yourself?

$10,000 suits, 200-foot yachts, private jets, and ownership in professional sports teams. If this sounds like a lifestyle you’d want to enjoy, and it probably is, you should consider becoming a billionaire hedge fund manager. One of the glamourous, “smart money”...