A reader sent me this email recently:Dude, your net worth has gone up crazy high in a short amount of time. Are you making this stuff up?Nope, it's all true.Big Tech Tantrums2020 has been a hell of a year for the portfolio. We're up about $600,000. and last Thursday, our net worth touched $3,000,000 for the first time.Coincidentally, I was listening to the … [Read more...] about Juggernauts, Jargonauts, And Jabberwock -or- How I Got Rich With Big Tech
My main goal* was to build an investment and cash portfolio of $1,120,000* ($1,000,000 to retire on and $120,000 to pay off the house) in 1500 days**, starting from 1/1/2013 and ending in February of 2017. I made my goal in 2016, my 1500 Days are over, and I’ve left my job. In the interest of openness, I’ll continue to share my numbers.2020 … [Read more...] about January Performance Update (+$83,582): Tesla Tantrum!
I usually don't write about stocks because stock picking is a horrible idea for most. Those who can successfully beat the indices over the long-term (10+ years) are very rare and of those who are successful, how much of it is due to luck? Most just don't have the time to do the research and more importantly, possess the temperament to make the right decisions under duress or … [Read more...] about My Thoughts On Tesla
In December of 2017, Dividend Growth Investor (DGI) asked me if I wanted to bet against Warren Buffett. Well, kind of. Allow me to explain...Buffett’s Big BetWay back in 2007, Buffett challenged the hedge fund industry to a bet. All the hedge fund managers had to do was beat the S&P 500 over a 10 year period. Buffett didn’t get many takers, but he completely crushed … [Read more...] about Stock Picking Experiment, Year 2 (Still Winning!)