‘Investing in People’ Literally. Not Everyone Approves
Human IPO lets individuals sell their time on the open market. Its cofounders believe its valuation model is agnostic—but it may still reflect an unequal world. Pollock, a startup investor, “went public” on Human IPO earlier this month. The platform lets people sell...
Investing is simple. Just pick some letters out of a Scrabble bag, buy it, and it goes up.
Is it 1999 or 2007? Retail investors flood the market as speculation grows rampant with a palpable exuberance and belief of no downside risk. What could go wrong? As Barron’s recently noted: “Free trading app Robinhood has added more than three million retail accounts...
Gold gearing up for a break
Commodity markets, with a few exceptions, remain in reasonably good health as we approach the end of what so far has been a very volatile and at times troubling first-half, driven by the worst pandemic-related slump in global growth since WW2. Crude oil found its...
The stock market is ‘insanely disconnected’
Those betting against this “absurdly overvalued” stock market are about to get paid, if Kevin Smith, Crescat Capital’s chief investment officer, has it right in his gloomy assessment. “Markets driven by euphoria never end well,” he explained in a note to clients this...
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