A pattern first discovered by a twelfth-century Italian mathematician may help predict the future of Bitcoin (or at least its price). Read More
Tag: Investing
Are your NFTs on the wrong blockchain?
Buying digital art on the wrong blockchain could leave you with a worthless collectible. Read More
The work of art in the age of blockchain reproduction
Digital artworks backed by so-called NFTs are selling for millions, even though you can copy them for free. Why? Read More
Here comes the GameStop rally, round 2
The rise of the retail investor blasts apart conventional wisdom when it comes to stock market valuation, as Tesla, GameStop, and other meme-friendlies show. Read More
This isn’t the $50,000 Bitcoin we predicted
The crucial price threshold is the fulfillment of many bullish projections. But were we right for the wrong reasons? Read More
Why the GameStop YOLO trade has me bullish
For all the angst and bickering brought about by the market moves of the past week—longs vs. shorts! hedge funds vs. retail investors! Robinhood vs….Congress!?—I am left with one overwhelming feeling: bullish. After all, consider what made the GameStop short squeeze possible in the first place. Namely, so many individuals had so much money in […]
Tesla, GameStop, and the power of ‘meme stocks’
“Who controls the memes, controls the Universe” — Elon Musk (June 26, 2020) Eons ago, when I was interviewing for a job at another financial publication, I could tell the precise moment everything went off the rails. All was going well—until my last interview when a wizened editor showed up and asked me a question […]
How I tripled my money in bitcoin—then lost almost half of it
This is the web version of Data Sheet, a daily newsletter on the business of tech. Sign up to get it delivered free to your inbox. Fortune’s quarterly investment package came out this week and it’s filled with stories about tech. That’s probably not surprising given that tech stocks have been surging for a while now. […]
8 tech stocks to buy for 2021
This article is part of Fortune‘s quarterly investment guide for Q1 2021. Even the casual market observer could recognize that 2020 was all about the tech trade. So-called work-from-home stocks, those enabling consumers and businesses to operate socially distanced, skyrocketed last year—with the tech sector’s rally outpacing the overall S&P 500 by more than double. But now […]
Tesla is the proxy for a stock market gone mad
This article is part of Fortune‘s quarterly investment guide for Q1 2021. According to many of the best minds in investing, including Jeremy Grantham and the experts at Research Affiliates, the investor mindset that’s driving Tesla’s stock ever higher mirrors the reckless thinking that has pushed the S&P 500 to an unsustainable speculative fever that’s soon bound […]