So, It Seems Like That Andreesen Dude Might Actually Know What He's Talking About, But I'll Still Spill His SecretsSubmitted by Reggie Middleton on 04/17/2014 14:00 -0400
I got into a Twitter debate with Marc Andreesen of Netscape (the inventor of the commercial web browser) and Andreesen Horowitz (the VC fund that financed Facebook, Twitter, Skype & Zynga) fame.
He spit out what was mostly common sense, yet still flew in the face of what is taught in school, most text books and by most B school teachers. Here's how it went down...
1/A few common fallacies about valuation of public and private technology companies:
Google reported Thursday later afternoon and the early morning traders didn't know what to make of the numbers - with the stock gyrating up and down. The following day, CNBC's 2nd annual sitck draft stock picking contest ended. Guess what happened? For the impatient, I can put the video here...
That unpopular short Apple/long Google pair trade's still paying in spades. In addition, an hour and a half of nerd celebrity Bitcoin and crowdfuning equiy in startups.
I predicted this clearly, with loads of evidence, last spring. I even tipped the SEC/UK authorities. Tthe chickens come home to roost. Let it be known, Wall Street's margin IS my business model!!!
I go at Krugman again for speaking about something of which he seems to understand relatively little about. I actually have some help this time around, though.
UltraCoin -> PayPal -> Disintermediation -> Margin Compression -> Icahn -> Old School
Fortune Magazine front page today: Middleton sounds a bit like an 18th-century pirate striking back against the Empire when he declares that "what I'm doing right now is a direct threat to fiat merchant banking."
Bitcoin 2.0, aka Ultra Coin: Bitcoin's Derivative Layer That Allows The Virtual To Control Real ThingsSubmitted by Reggie Middleton on 01/19/2014 10:47 -0400
Basically, I'm building a more efficient financial system.
What's not to "Like"?
The Future of Money: The Dumb Dollar vs Smart, Programmable Currencies!
I know why someone who is so wrong can get so much media attention. My big question is why do so many "so-called" smart people actually believe him! We need a new, new media outlet, no?
It it walks like a duck, quacks like a duck and looks like a duck... Is it really a platypus? After all, this time is different... Right?
Reggie Middleton's Apple Q4 2013 Analysis: RDF In Full Effect As Analysts & Press Go GaGa Over Garbage!Submitted by Reggie Middleton on 10/31/2013 10:49 -0400
RDF=Realith Distortion Field. I must have a NFG (Null Field Generator). How is it that when I look at numbers I see X & analysts & press sees Y?
As NSA Spreads Disinformation Wooing Hoi Polloi To Shun Innovation, Dead Beat Carriers Represent Biggest Security ThreatSubmitted by Reggie Middleton on 10/24/2013 08:21 -0400
The guys that control the pipes are most likely where the NSA gets most of its data. Proft can be had in businesses that help end users proof against such blatant snooping, spying and virtual/actual eavesdropping.
I like Professor Shiller and respect his work. Really, I do, but... Massive bubbles, the sort of the proportion of the 2008 crisis, are nigh impossible to miss if you can add single digits successfully and are able to keep your eyes open for a few minutes at a time. Yes, I truly do feel its that simple. I saw the property bubble over a year in advance, cashed out and came back in shorting - all for a very profitable round trip. Was I a genius soothsayer? Well, maybe in my own mind, but the reality of the situation is I was simply paying attention. Let's recap: