I think the idea of the “Age of Leverage” is one that is incredibly important to know. Unfortunately, most people who talk about it use very abstract and pseudo-intellectual terms. I wanted to write this post to explain what leverage is, and why living in the Age of Leverage is so important.
Everything goes away at some point. Yes, that includes the current internet business titans. I wanted to spend this post hypothesizing what this end might look like, for each of the different companies. Nothing here is meant to be taken too seriously; it’s more so fun speculation and predictions than anything else.
Back during the tech boom of the 2000s, there was a saying going around that the market would be carried by internet firms so far that the Dow Jones Industrial Average would go from 10,000 to 30,000 in the span of a few years. Of course, the subsequent bust crushed that dream. But here weContinue reading “Dow 30,000”
There’s been a lot of fear recently that someone is going to fuck this grand economic cycle up. Of course the end of the boom is inevitable, and while players may debate as to when exactly the game will flip, it’s still fun to think about the consequences if it were to flip right now.
Back in October, I released a blog post about Tesla that went over both the long and short sides at a critical point in the company’s history; the FBI and SEC investigations into Elon Musk and Tesla. At this point I feel as though enough has happened to justify coming back to Tesla to seeContinue reading “Returning to Tesla”