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Author Archives: Andrew
Evil laugh competition
Evil laugh competition $30 million heist in LA T-bone steak and Jell-O Chinese precursor chemical trade
Jonathan Haidt on CWT
.@tylercowen asks the best questions and pushes the libertarian critique of my work the furthest. I get a little worked up and even, nearly, curse. But all in a good way. This conversation is very different from all my other ones. https://t.co/fmwOuVmsUc — Jonathan Haidt (@JonHaidt) April 3, 2024 Good pushback from Tyler on this …
A-Mark Precious Metals, Inc (AMRK)
I discovered A-Mark Precious Metals, Inc (AMRK) after their recent acquisition of gold.com. It turns out they also own silver.com and goldprice.org (not a great domain but it has ranked well on Google for years). This along with the sub $1 billion market cap, low P/E and growth over the past five years make the …
Libertarian legend
Heir to a plastic cup fortune, Kenneth Dart owns a 10% stake in British American Tobacco and large amounts of real estate in the Cayman Islands. I particularly liked this on his Wikipedia page: In 1994, Dart became a citizen of Belize. At that time Dart offered his residence in Sarasota, Florida, to the government of …
Hermit crabs are using rubbish as shells
Hermit crabs are using rubbish as shells Trump soft on TikTok Novo Nordisk surpasses Tesla market cap InsightCrime on what Netflix’ Griselda gets wrong Chinese hackers for hire
She run like a sewing machine
Thailand set to ban recreational cannabis San Francisco set to drug test welfare recipients Meta to depreciate Facebook in US and Australia Thousands of prisoners broken out in Haiti She run like a sewing machine
Projects
NQFE – portfolio of ~ 1000 domain names. I spend too much time looking at auctions but it is a good business. ingles.app – I got traction on Instagram last year but I got distracted. The idea is a fun English learning app with videos, quizzes etc iHateMyJob – I need to beef it up or …
$PYPL
Lowish P/E Profitable market leader Chance of a surprise Elon or Peter Thiel takeover Venmo, Braintree, BNPL and loan growth New CEO is pro crypto
$VFC vs $LULU
Similar to WBD vs Netflix. VF Corporation (Vans, Northface, Timberland, Supreme) has the cachet and top line revenue but they are stuck in the past. Lululemon has Netflix style, vertically integrated global distribution. This is why the $LULU market cap is 10x $VFC. It’s safer to go with what’s working (Netflix/Lulu) but I think that …