Opinion

iPhones, IPOs, Interest Rates

iPhones, IPOs, and Interest Rates – The I’s Have It

iPhones, IPOs, Interest Rates Lots of random news today, none of which warrants a full post from me due to either lack of opinion or lack of expertise.  However, here are some places that have worthwhile views on each of these subjects.  Also, don’t forget about the Northeast Ohio PKD Walk on September 21st.  Donate to my team so I can hold bragging rights in my house for the next year.  My son William has his own fundraising page this year, too! The WeWork IPO It’s been hard to avoid news about WeWork.  First as a tech disruptor darling.  Now as fodder for gossip as their IPO plans look shaky.  Personally, I think the founder’s actions and the structuring of the firm tell you all you need to know, but I’m not a stock picking expert.  Professor Damodaran is, however, and he breaks down his view here along with some damning parallels…

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Garbage

Where Are We in the Current Cycle?

Glad you asked!  This is such a great question.  It makes you look smart for asking it.  You recognize that the market is cyclical and your question implies that you’re so savvy that you can sync your investing to take advantage of the market’s ebbs and flows.  You’re a force of nature and I commend you for it, especially since you preceded the question with several minutes critiquing the Federal Reserve and expressing concern about today’s geopolitical situation. I love that you asked me because now it’s a chance for me to cite a bunch of bullshit statistics that prop up my world-view and make us all feel better about ourselves.  Best of all, no answer I give is going to suggest taking any real action on your part.  It’s a win-win. So Where Are We in the Current Cycle? Definitely the late innings, but it may only be the…