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Bitchin Dave's Newsletter - June 16th

The World Cup kicked off this week, and there's rather a lot going on, beyond the pitch.   First off, let's talk about ticketing.  When it was first announced that the World Cup would be making its way to the US for the first time in some years, I was intrigued.  And when some games were announced for Miami, I was excited.  Games in my backyard?  Maybe I could catch one!  Except that the price point was well beyond what it was 4 years ago (10x the amount!), and there was some weird lottery to get in.  There have been investimagations into price gouging, and it appears as though not all...
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Bitchin Dave's Newsletter - June 9th

This planned IPO for SpaceX is so bizarre.  Wealthy investors and the investment banking firms are losing their minds about it.  It's so valuable! Elon is letting us in on his world! ... IMHO, It is a silly amount of hype! For the average investor, there's nothing to see here.  We can't feed at this trough (though he sure likes to tell us we can). As we look at it, "going public" via an IPO doesn't feel quite right.  It would seem that any rules the SEC has, and applicable laws in place, are being bent or outright abused. ...
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Bitchin Dave's Newsletter - June 2nd

I've been thinking about the advent of AI, and how we really don't know *what* it is, how it will be used, or how it will affect us. And yet, AI is the answer to everything!  And it will cost all kinds of jobs! And it will make our lives better (or worse, I'm confused)! The headlines promoted by companies tell a story that they want to tell, but ignore what's actually driving this: an opportunity to "rightsize their workforce" under the guise of innovation.  To the companies: lower payroll = more money to the wealthy investors!   So instead, I prefer to focus on the fact that each new innovation does change some aspects of ou...
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