Confidential Daily Comment
A Caffeine Hit to Your Hip Pocket
Australia's coffee culture is set to experience a massive price hike. Are other sectors set to follow?
Confidential Daily Comment
Better to be Six Months Too Early
Trends can last much longer than anyone expects, but the reckoning, when it inevitably comes, is often severe and very swift.
2 min read
Today's message is for those who participated in one of the most incredible stock rallies in history: the Microstrategy (MSTR) play.
It was one of the investment ideas for those who were wary of buying Bitcoin directly.
At the time of writing, MSTR was trading around USD 500, up more than 10 times from the start of the year and more than 30 times its recent lows (around $15).
Since the start of October, the price has nearly tripled!
While we've seen that sort of performance before in the penny dreadful space, it's a crazy price explosion for a company now valued at more than $100 billion.
It's all built on the back of the Bitcoin price, which also broke new all-time highs yesterday.
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