Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Jack Ma

Market Insanity

Will Trade War Destroy Alibaba?

A possibility that all investors need to consider is that Trump, Xi, and possibly Ma are putting on a show for the media. Their conflict might be a “work” one of the acts professional wrestlers put on to generate audience interest. Most wrestling works involve creating a fake conflict to add drama to a match.

Remember, Trump has had some experience with wrestling; he appeared in WWE about a decade ago. The Donald even had a fake match involving Vince McMahon and Stone Cold Steve Austin. For this reason, I think the “trade war” is fake news.

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Bitcoin clears $1,000 Again

The big factors driving bitcoin’s growth are the mounting fears about currencies. The shaky nature of fiat currencies was brought home last year, when Indian Prime Minister Naranda Modi abruptly demonetized the two largest rupee notes.

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My Thoughts

The Religion of Technology

Technology is likely to become the basis of our philosophy, religion and politics in the near future. When it does it will mark a paradigm shift as great; and perhaps as bloody, as the rise of Islam or the Protestant Reformation. Whether we are ready for that revolution is anybody’s guess.

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Bill Gates Organizes League of Billionaires to Fight Climate Change

Bill Gates has become a real life superhero who is out to save the world from climate change. The Microsoft

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Long Ideas

Alibaba Proves It Has Some Value

That gave Alibaba a quarterly year to year revenue growth rate of 38.39%, over twice that of, which reported a revenue growth rate of 15.08% on March 31, 2015. Alibaba’s growth rate also far exceeded that of eBay Inc. (NASDAQ: EBAY), which reported a rate of 4.36% on March 31, 2015, Best Buy NYSE: BBY), which reported a revenue growth rate of 2.82% on January 31, 2015, and Staples (NASDAQ: SPLS), which reported a negative revenue growth rate of -3.69% on Jan. 31, 2015.

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