With a tap of the screen, a smartphone can quickly deliver most of our basic desiresfood, shelter, transportation, entertainment, sex.Citizen founder Andrew Frame, a former hacker who earned tens of millions moonlighting for a few days at fledgling Facebook, …
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Month: July 2019
Tesla: Bad Week For Autopilot
When you think of electric vehicle maker Tesla (TSLA), one of the first things to come to mind is Autopilot. As part of its efforts to get to full self driving capabilities, Tesla has been expanding this feature over time and hopes to have a million robo-taxi…
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Stanphyl Capital Letter – June 2019
For June 2019, the fund was down approximately 11.5% net of all fees and expenses. Our terrific May performance was almost completely unwound in June as our myriad short positions (the fund is currently very net short) reversed themselves. We remain short s…
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Betting On Predictable Businesses: The Best Offense Is A Good Defense
Source: Online. Background Over the long-term journey of investing, the best offense is a good defense. Without good preservation of capital, one would need much better returns to the upside to break-even. In my view, this is more difficult to achieve than …
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Many Executives Are Afraid of Finance. Here’s How They Can Gain Confidence
Finance can be intimidating, and many business executives dont even try to get their arms around it. But Harvard Business School Professor Mihir Desai says business leaders need to engage with the world of finance in order to succeed. Desai wrote the book H…
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