Investment Gems

Just for speculating purposes, I think that investors should consider the thesis that the market run amok, because machines kicked in to make their part in cutting losses and statistical arbitrating. My best guess after just one night of sleep on top of one of the worst S&P daily performance…

Summary The nature of the Supply and demand behind every investment defines its risk. Bitcoin’s supply is theoretically fixed. But aggregate supply of crypto currencies might be even more relevant than just Bitcoin’s supply. Right now, behind the crypto currency demand is now a significant portion of amateurs and curious…

Electrek reports that several suppliers have received orders from Tesla to resume the company’s guidance of 5,000 units per week. This seems to indicate that Tesla have overcome the production bottlenecks. Note that the tech blog also mentions that this might not instantly translate proportionately into deliveries, since if the…

Summary There’s too much emphasis on cash flow statements, and financials in general, when evaluating Tesla. The mismatch between current operating cash flow and Capex for the Model 3 make it impossible to understand the current state of affairs using just financials. Philip Fisher used scuttlebutt techniques. The internet has…

Here’s a short video with Waymo’s (Google owned) full self-driving car. This will certainly be disruptive in the medium term.

CNBC is quotting Nomura’s analyst Jeffrey Kvaal stating that the demand for the iPhone X is “exceptional.” Apple had already stated, on Friday, that “We can see from the initial response, customer demand is off the charts.” However, note that the problems involving the production of key components for the X…

Musk shared a photo of the tunnel his recent venture, The Boring Company, is building in Los Angels. The rationale behind this venture is the idea that so far high density cities have continuously built higher buildings (high density), while the transportation ways have been kept mostly two-dimensional. Therefore, we…

In the battle for the future of personal transportation (aka car), Toyota is not putting all the eggs in the same basket. Unlike Tesla, Toyota is diversifying its car portfolio of non-internal combustion engines by having all-electric vehicles based on lithium batteries and hydrogen fuel-cells. For a long time, Elon…

Today’s Bloomberg piece on Nike (NKE) is another take on the $50 billion sales goal for  2020 (I have also written about it here). Nike’s management will most likely revise this goal during its investor day, tomorrow. The main problems affecting Nike are the high expectations generated by the management team, back…