More thoughts on #neversell and the market
Eric Bjorndahl
Common sense or speculation?
Eric Bjorndahl
In 2020, my portfolio returned 17.15% and the S&P 500 index returned 18.40%. Cash holdings averaged 40% during the year and 53% since June. This result…
Eric Bjorndahl
Devil Take the Hindmost: A History of Financial Speculation, by Edward Chancellor, is an interesting read that chronicles various speculative bubbles a…
Eric Bjorndahl
Yelp (YELP) is an interesting company that seems undervalued. This might stem from a misunderstanding about the core economic drivers of the business. …
Eric Bjorndahl
There is a dangerous type of "magical thinking" going on in the markets right now. Investors appear to believe that since the lockdowns are easing, cor…
Eric Bjorndahl
There are few industries with as much uncertainty right now as airlines. Even the "Oracle of Omaha", Warren Buffett, admitted that the future of airlin…
Eric Bjorndahl
Source: xkcd Like many people, I'm spending a lot of my time during the age of Coronavirus sitting at home reading about Coronavirus. This abundance of…
Eric Bjorndahl
Peak Hysteria If we haven't reached peak hysteria yet, we might be getting close. This recent NY Times article reads like a dystopian sci-fi short stor…
Eric Bjorndahl
Travelzoo (TZOO) is an old-school online travel company that makes money primarily through distribution of travel deals via email newsletters. Travel s…
Eric Bjorndahl
One of the most important lessons I learned in college was the importance of trade-offs. This is particularly true in the field of Computer Science: sp…
Eric Bjorndahl
Fears of COVID-19 have caused the indices to fall 12% in the past three weeks. Last week, stocks suffered their biggest weekly losses since the financi…
Eric Bjorndahl