by Thomas Powell | Dec 14, 2017 | Investing, Uncategorized
Think about it. The year is 2010 and you are racking your brain about the perfect gift for your investor friend that “has everything.” You decide against trinkets, gift cards, engraved silver whatevers and wind up purchasing something called Bitcoin, launched into...
by Thomas Powell | Nov 30, 2017 | Uncategorized
A retweet from an illustration by Steve Kelley (shown here) got me thinking. The cartoon reminds me of a quote from Benjamin Franklin that I regurgitate often: “Those who would give up essential liberty to purchase a little temporary safety, deserve neither...
by Thomas Powell | Nov 14, 2017 | Economics, Investing, Oil & Gas, Uncategorized
Whether or not some or all of the Trump Administration’s proposed tax plan will be instated remains to be seen (and markets continue to hold their breath). Trump plans to visit Capitol Hill this week to speak with House GOP re: the proposed tax bill. For now, we can...
by Thomas Powell | Nov 6, 2017 | Economics, Uncategorized
Last week, President Trump voiced his nomination for who would replace current chair of the Federal Reserve, Janet Yellen. Trump’s decision? Jerome Powell. When Yellen’s term expires in February of 2018, Powell will take the seat … if approved by the Senate of course....
by Thomas Powell | Oct 17, 2017 | Investing, Uncategorized
eShares, which touts itself as the “#1 Cap Table Management Platform”(1), is changing the landscape of issuing, buying and selling equity stakes in private companies. Highlighted in an article published on CNBC late last week, “ … eShares lets company founders issue...
by Thomas Powell | Oct 11, 2017 | Economics, Investing, Uncategorized
Last week, Warren Buffett’s Berkshire Hathaway struck a deal that would make it majority owner of Pilot Flying J truck stops by 2023. Berkshire Hathaway used stakeholder money to buy a 38.7 percent stake in Pilot Flying J. How much the firm paid is unknown. What is...