One of the reasons I like curating news on a daily basis is that it makes me see trends and themes develop. Sometimes it remains just the theme of that particular week. Other times it builds up into something more sustainable. And sometimes momentum turns into...
One of my favorite books of all time is Roger Lowenstein’s “When Genius Failed” about the rise and fall of Long-Term Capital Management (LTCM). As the Archegos drama unfolded this past week, the media were quick to draw a comparison to LTCM. It actually reminded me...
Wall Street is descending on crypto. Famous institutional investors declaring their love, bankers falling over themselves to get hired by a hot crypto firm, Goldman launching a desk, and the FT seemingly throwing in the towel on crypto cynicism. It’s interesting, on...
Athletes including Patrick Mahomes and Cristiano Ronaldo, Elon Musk (you know it’s a hype when…), mainstream media can’t stop talking about it, Damien Hirst, sneakers, Batman, Sotheby’s trying to one-up Christie’s, tulips, Charmin toilet paper (wait, what?!) — the NFT...
Well, the NFT craze went to a whole new level this week. Beeple’s “Everyday: The first 5000 days” NFT artwork sold for $69.3M in Christie’s auction. It is the 3rd biggest sale of any artwork by a living artist, EVER. As a European, moving to America has...
Once upon a time when I was an analyst in Equity Capital Markets and people still had video recorders...I would get home from work very late at night and watch a few Friends episodes to relax after an 18-hour day in the office. As you may recall, the episode titles...
I had a very different version of Thursday Threads ready to go when I woke up this morning, but what do you do when Coinbase drops its S-1? This is a historic moment for crypto. The document provides unique insights into what is one of crypto’s oldest, most...
Lots of snow and related inconveniences in the US this week so I hope those affected are staying well. Crypto seemed undisturbed by it all with both bitcoin and ether breaking fresh records. With that, the crypto market cap broke $1.5B, another milestone. All against...
Concurrent with the NFL’s announcement, Mike Novogratz pronounced Michael Saylor crypto’s Rookie of the Year during MicroStrategy’s bitcoin summit last week. If you are interested in what crypto firms had to say to corporate treasuries, I summarized my key...
It started with Microstrategy, then Square got involved. Of course Musk & Tesla are now in too. Even some speculate that Apple should too. Why is this significant? I've said many times before that cryptos is an asset class that's...