A while ago I’ve written an essay about What People Don’t Understand About Tesla. This piece is a continuation of this exploration. 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 term, definitely yes. But is there a way this valuation…
Category: Wealth
What I Learned About Sales (or “How to 4x Revenue in One Year”)
Backstory When building my influencer marketing startup Trigami, our idea was simple: we build a self-service marketplace, customers will come on their own, and we will be in the middle, collecting our fees. Simple. The reality turned out different. Our customers wanted someone to guide them, do as little work as possible, and reap the…
Takeaways From Warren Buffett’s 2020 Berkshire Hathaway Shareholders Meeting
As every year, I enjoyed watching the Berkshire Hathaway Shareholders Meeting. (Here are my live-tweets.) Here is what I learned this year: Remember that cash has option value Berkshire currently holds $125 billion in cash. They have not spend any of it this year. First, Buffett seems to be quite cautious and conservative at this…
Principles of Effective Content Marketing
I have a love-hate relationship with content marketing. I’ve been doing search engine optimization (SEO) since 2002, blogging since 2006, tweeting since 2007. I also co-founded one of the first influencer marketing companies in Europe in 2006. But to be honest, while getting some pieces right, all this time I had trouble to grasp the…
Keeping a Long-Term Perspective
In January, I wrote about my hopes and expectations for the new decade: “Something big will hit us. If not this decade, then one of the next. It will come out of the blue. A new vector. A bio attack, a pandemic, cyber warfare, eruption of a huge volcano. Something we won’t be expecting. Something…
12 Takeaways From Charlie Munger At The 2020 Daily Journal Annual Meeting
Charlie Munger, business partner of Warren Buffett, recently spoke at the 2020 Daily Journal Annual Meeting. You can watch the full recording here. It turned out to be a great one, full of wisdom and juicy punches. A 96 year-old with a sharp mind and snappy tongue! Takeaways: #1: Take the high road, because it’s…
What People Don't Understand About Tesla
Note: This is not investment advice. At heart, I’m a value investor, and Tesla is no value investment. I view it as a binary venture-type bet. I am a shareholder. This is part 1 of my exploration of Tesla. Read part 2 here. I believe that Tesla is one of the most misunderstood (and most…
Real Estate Investing Framework
[This is a talk I recently gave at The Frankfurt Conversation 2019 by MOI Global.] I’d like to summarize some of the lessons I learned from helping to run a buy and hold real estate portfolio: Lesson 1: Find a framework Before my involvement, I had no prior experience in the real estate industry. So…
Investing Lessons from Running a Startup
[This is an edited version of a talk I recently gave at a MOI Global event.] I’d like to share some of the lessons I learned from being a startup founder, and how these can be applied to investing: Lesson 1: I’m a better investor because I was a founder As Warren Buffett famously said:…
How to choose a money manager?
You’ve inherited some money, or sold a business. What now? Most people don’t have the skill, time, or willingness to manage their own investments. One option is to entrust your funds to a professional money manager. But how to choose one? I would recommend the following checklist: 1. Skin in the gameThe first question I…