Startups are a strange animal. Even though they have the potential to hand investors like you life-changing profits… They also have a high probability of failing. Makes sense. After all, startups are new enterprises searching for a profitable business model. The thing is, identifying a profitable business model can take…
Fifty years ago, a tiny coffee shop with a strange name opened in Seattle’s Pike Place Market. It was called Starbucks, and it grew slowly at first. But as it expanded across the U.S. and overseas, its popularity and value started to soar. Eventually, twenty-four years after it was founded,…
Coca-Cola Throws $4 Billion Press Conference When soccer star Christiano Ronaldo arrived for his pregame press conference, he sat down, said just one word — and Coca-Cola’s stock tumbled. What happened? » A Cure for False Alarms Did you know that 95% of car alarm activations are false alarms? Ford…
Tags: Apple
When I tell people what I do for a living, I hear things like this: “The stock market!? That’s a real crap shoot!” “You invest in startups? I’d rather play the lotto!” “Oh, isn’t that like gambling?” Comments like that used to bother me. But not anymore. Nowadays, I take them…
Tags: Startups
Darn it — Amazon got me again! This time it was a mini waffle iron. I don’t even like waffles. Why would I buy a mini waffle iron? The reason is laughable. And it’s the same reason I bought a scalp massager, a milk frother, and a countertop cereal dispenser: Amazon’s…
Tags: Startups
Criminals Use FBI App by Mistake Nearly one thousand criminals around the world thought they were plotting the perfect caper. There was just one problem: the long arm of the law was listening. Whoops » Here It Is: The Key to Retiring Ahh, retirement. Sounds like a fantasy, right? But…
ProPublica just published a groundbreaking report… It managed to get its hands on 25 years’ worth of tax returns for some of the wealthiest investors in the world. And what it discovered is almost unbelievable: In 2007, Jeff Bezos paid zero income taxes. In 2018, Elon Musk paid zero income…
I love having dinner with my 2-year-old son. If he’s hesitant about something on his plate, I show him what he’s missing by eating it myself. He stares at me, intrigued. I can see him thinking, “Hmm, if Daddy likes it, it must be good.” I thought about this recently…
An Invisible Sculpture Just Sold for $18,000 An Italian work of art just fetched a five-figure price. What’s so special about it? Hard to say… considering nobody can see it. Art is weird » This Candy is Great for Your Teeth Parents just can’t catch a break today. In the…
For the past couple of weeks, Matt and I have been telling you about a unique type of investment… An investment normally reserved for the country’s ultra-rich: Venture Capital Funds. As we’ve explained, these funds are similar to mutual funds. But instead of investing in stocks, they invest in an…
Tags: Profits
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