Books are wonderful and I love them. But the business model seems to be flawed, especially when you self-publish on Amazon. I’ve recently spoken with an author who self-published a book on Amazon. In the first 4 months he sold less than 100 copies and made less than $200. My own experience from earlier this…
Tag: Amazon
Tesla Valuation: High Level Thesis
A while ago I’ve written an essay about What People Don’t Understand About Tesla. This piece is a continuation of this exploration. To read all articles in my Tesla series click here. Tesla is currently valued at 10x Price-to-Sales, and Trailing Twelve Months Price-to-Earnings of 743. This makes Tesla grossly overvalued, right? In the short…
How to Identify Great Capital Allocators?
This was the topic at the recent MOI Global Zurich chapter dinner I attended. Here I summarize my notes and thoughts on this topic. I understand capital allocation as follows: How do companies spend their limited resources, be it capital, time, or mental resources, so that they create the maximum amount of value per invested…