My favorite guest on one of my favorite podcasts. The Compound & Friends are visited by Nick Colas. Discussing, among other things, the stock market, some macro, Tesla, and that Rolex raising prices (since the 1960’s and acquiring retail stores) is a classic response from a company that is getting disrupted.
Also some talk about European tech companies (“ASML is good one”), including Josh Brown’s comment, paraphrased, that think what would happen if Berlin started churning out startups. Which many in Europe probably would argue that it is doing already. A good reminder that perspectives matter.