With Bitcoin up 36% year-to-date, the bold headlines for cryptos are back. Industry observers are predicting “an end to the crypto bear market,” and yelling from the rooftops that now’s the time to dive in headfirst.
Last Wednesday was a big day for investors… It was IPO day for Casper, the billion-dollar e-commerce startup. This was one of the most anticipated financial events of the year.
This is terrifying. As we just learned, if the coronavirus stays on its current trajectory, more than 100 million people could be infected by the end of February.
As I explained last week, we’re currently in the midst of a rare trend. A wave of consolidation is taking place where big companies are buying smaller ones — i.e., “Mergers & Acquisitions.” Every time this has happened in the past, investors made a fortune.
I recently found myself wandering the aisles of a wine store. My wife had given me instructions (“Pick up some red wine for dinner with my dad”), but no details.