Author Archive | fscomeau

Calling a bottom on the Stock Market

So everything is going horrible! Trump got bad midterms results! China is crumbling/paper economy/bubble. Bitcoin is crumbling/paper whatever/bubble. Terrible tech sales. NVDA graphics cards are crap. Apple is selling so few iPhones. Trump is crazy. Civil unrest. Kavanaugh. Blah blah blah blah blah. I’m here to tell you none of this matters. It’s all manipulation, […]

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svxy

RIP XIV and SVXY

A couple of whiles ago, I answered a question on XIV and SVXY. The question was: is XIV the most dangerous investment in the world? In it, I said I would never hold any of them long-term and probably not even short-term neither. In it, I stated that eventually, one day, XIV and SVXY would […]

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bitcoin dream scenario profit genesis mining

How Profitable is Genesis-Mining?

Genesis-Mining is usually sold out 72h after listing new bitcoin mining. I believe it will be sold out soon after Black Friday. So hurry!! My first article on Genesis-Mining attracted a fair bit of attention. In it, I posited that: Cloud mining was generally a bad idea, but Genesis-Mining’s open-ended bitcoins contracts are an exception. […]

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bitcoin profit

Genesis Mining: A Mathematical Approach

43I’ve spent the last couple of weeks being obsessed with bitcoins and, more generally, cryptocurrencies. This specific post is about cloud cryptomining, or simply cloud mining, and more specifically, Genesis Mining. If you want to obtain cryptocurrencies, such as bitcoin, you have two options: buy or mine it. Buying is usually mildly difficult and might […]

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andrew left jail

Andrew Left and Shopify

So I receive an interesting question on Andrew Left’s latest rant against Shopify. Hey dude, would you be able to write a post about what Andrew Left does? I’m curious because is what he does actually legal? Isn’t that a blatant form of market manipulation by using your influence to affect share prices? I had […]

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roku stock

Roku is crashing? I am SHOCKED!

I received a rather lengthy e-mail yesterday from someone who was somehow desperately in love with his Roku. To say that he disagreed with my last article would be an understatement. Disclaimer: I’ve never used a Roku in my life. I’ve never even seen a Roku in my life. I think the idea is dumb […]

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roku

Roku: The World’s Worst IPO

Question: how far can you take a joke? Can you actually launch a company based on nothing but complete speculation and random projections? Can you do an IPO based on nothing but a $50 machine that is competing against pretty much every other tech company in the world and that nobody knows about? Can you […]

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Losing your wordpress password sucks

A few people have written to me over the past month asking why my website hadn’t been updated in a while. I usually post an article every 2 weeks or so and my last article is almost 2 months old. The reason is simple: I had lost my wordpress password. But this is a long […]

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iphone sales

David Einhorn is an Idiot

So someone ended up forwarding me a letter from Greenlight Capital, a massive hedge fund (lol) managed by no other than David Einhorn. Here’s what I remembered from it: The Greenlight Capital funds (the “Partnerships”) returned (4.0)%, net of fees and expenses, in the second quarter of 2017 My first reaction was: is this a […]

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