Book Club Review: Narrative Economics – How Stories Go Viral
Sometimes the best thing about a book is its cover.
Snowflake: Part 2 – Perhaps the Greatest SaaS Company Ever, But Also the Most Expensive
As I described in Part 1 of this article, Snowflake is a fantastic company. I’d been planning on sucking it up and overpaying for some SNOW stock once it started trading. Here’s the thing though. Even assuming Snowflake is the Amazon of SaaS – which I think is reasonably possible though far from guaranteed – … Read more
Snowflake: A Great Business & Fantastic CEO (Part 1)
As I’m sure you’ve heard, we got the year’s hottest IPO today, with Snowflake (SNOW) launching trading at last. The IPO had originally been set to go off at $70/share. That figure increased several times in recent days, and the IPO ended up launching at $120/share – a huge jump. Even that ended up looking conservative … Read more
Mike Green: Will Passive Investing Cause Stocks To Crash?
I’ve gotten numerous reader requests to discuss a recent podcast episode. Usually podcasts don’t become a hot topic, so you know this one struck a nerve. For those unfamiliar, the episode in question is an interview with Grant Williams and Mike Green. Green is a co-manager of hedge fund Logica Capital, and he previously served as … Read more
Any Cheap Bank Stocks Left? Try Community Banks (And Citigroup)
I’m a shareholder of this pictured Louisiana community bank. I periodically run screens of the U.S. banking sector to look for the most discounted banks around. Not surprisingly, after a huge run-up in the banking sector in recent months, there’s not a whole lot of options coming up as compellingly cheap – at least in … Read more