Category: blog

Letter # 88 | 24 May 2022 | Investors often lament: “I should have sold at the top and created enough cash to invest during

Letter # 87 | 17 May 2022 | There are three stages in a market correction. First is denial: ‘stonks only go up, let the

Letter # 86 | 10 May 2022 | Many startups use Blitzscaling to quickly subdue competition before they even get a chance to catch up.

Letter # 85 | 3 May 2022 | Today, we discuss two approaches to “work culture”. One is based on Netflix’s CEO Hastings’ book; a

Letter # 84 | 26 April 2022 | Lose a few customers that used to pay a few dollars a month, and your company has

Letter # 83 | 19 April 2022 | Once we start seeing the credit cards’ business as a combination of (a) payments and (b) loans,

Letter # 82 | 5 April 2022 | Today, we discuss how, when you can’t change the facts, changing definitions help. Recently, the changes by

Letter # 81 | 29 March 2022 | Today, we discuss two eras – one, where the Metals Index zoomed 22 times, and another where

Letter # 80 | 21 March 2022 | “Banks don’t perform during a rising rate cycle” or so goes one of the investment myths. In

Letter # 79 | 15 March 2022 | Due to sanctions, Russia (and its oligarchs) have not been able to utilize its vast reserves (and