1) Selected excerpts from “Investment Policy Statement (IPS) for One Sail Family Office LLC (‘The Fund’)”:
Purpose:
This Investment Policy Statement (IPS) is designed to establish a clear understanding of the investment objectives, strategies, and guidelines for The Fund. The
Former President Donald J. Trump will be meeting with a handful of the largest US public and private Bitcoin miners in a few hours. The miners will be advising Trump and his policy team. The photo opportunities will be endless and the images should start popping up later tonight.
During the tech bubble stock prices clearly decoupled from fundamentals, a phenomenon we have yet to see recently
Nasdaq 100 vs S&P 500 – earnings & performance
It's time to cut 25 bps in July, hold in September, and another 25 bps in December. I believe this is the best way to relieve pressure on the economy while continuing to lower inflation. Gradual, systematic approach is the key.
If you want to understand Asian geopolitics today, this is an absolute must-watch.
This is George Yeo, who was a Singaporean cabinet minister during 21 years, including Minister for Foreign Affairs during 7 years. In my humble opinion, very few people out there have such a
Just in: The first peer reviewed study on what sort of people are adopting Bitcoin
The study is by Stefano Di Domenico, PhD - a behavioral scientist from University of Toronto and is currently being finalized for publication
Findings:
"Our data, drawn
Recent auctions reflects the consequences of US fiscal irresponsibility. Plays into the long term thesis of
#Bitcoin
as a store of value and hedge against fiscal irresponsibility.
Our dialogue on immigration is so fucking dumb.
The
@gop
and
@TheDemocrats
are taking a loser's approach to immigration.
The answer to immigration is to reframe it as “recruitment.”
We should actively recruit ~2 million insanely intelligent, driven, and highly moral
Bitcoin people are talking about freedom, decentralization, sound money, paradigm shifts, prosperity, and making the world a better place.
Crypto people are spending the weekend talking about whether Caitlyn Jenner’s new shitcoin launch is a scam.
We are not the same.
$NVDA
30.32 forward PE
107.18% projected EPS growth this year.
$SPX
23.25 forward PE
10.7% projected EPS growth this year.
$NVDA stock remains far from overvalued.