Last week, Chamath Palihapitiya of Social Capital filed for a new $250 million SPAC with the SEC. The American Exceptionalism Acquisition Corp. A (AEXA), as the SPAC will be known, seeks to merge or buy a company in the field of energy production, AI, decentralized finance, or defense. Why these industries? Palihapitiya argues they are essential "if the United States is to maintain its position as the most important country on earth and the only global superpower." Despite his seemingly good ...| Of Dollars And Data
Are we closer to the start or end of a bubble? The post Is this 1996 or 1999? appeared first on A Wealth of Common Sense. ...| A Wealth of Common Sense
"The market might be crazy, but that doesn't make you a psychologist." -Meir Statman| A Wealth of Common Sense
Back in early 2022, I wrote a post called Bear Market Playbook. It included a list of actionable steps investors can take during market downturns. Today, it feels like we need an opposite list that includes reasonable actions to take when markets are trading at all-time highs. Before I dive in, you should know that...| The Belle Curve