While most see SAAS growth dead, I will be watching to see which companies innovate their value proposition to reduce churn.
Those that figure it out will be clean & ready to grow their own subcategory.
$CRM $SHOP
We started 8090 a few years ago on the belief this motion would become widespread. We’ve been surprised by how fast it has taken hold. That said, it’s still so early in this game.
Software license revenue is $1T annually. Services and T&M consulting around those licenses is $4T annually.
All of this will merge into a new $5T super-category and whatever happens from there is anyone’s guess. But I applaud $SBUX for ripping off the bandaid - they clearly see the forest from the trees.
YIKES: Rep. Pete Sessions (R-TX) claimed that marijuana "hurts your DNA," will "make you a loser in life" and leads to young women being "taken advantage of."
"There is not one positive effect of this marijuana."
https://t.co/OJ9Akx4m2Y
We don’t understand fully the history of this great land and its people, because they squandered it allowing conquerers to pillage it.
Many remnants of how and why were destroyed by Islamic and British raiders.
But there’s wisdom in our mystics.
🇮🇳
Many ancient temples in India boast levels of precision stonework and complex architecture that are truly remarkable.
Even more remarkable is the fact that many of these pillars can be fully rotated 360 degrees, as can many other components of these structures.
WHY?
Why research matters. Anecdotal evidence is not enough.
Let the science tell us where the puck is going.
On the flip side I would love to know who financed this study.
I believe somewhere inside this therapy there’s a real advancement.
Today is first day that @GlassHouseBR stock is listed for trading on @NYSE, the world’s preeminent stock exchange. This is an important milestone for the company, CA cannabis and the industry.
I’m proud to have bought shares under our new ticker “GLAS” in the open market today.
For the non quant and non technical.
He’s bang on
You’ll be wrong less, correct more.
Start with 25% , add small portions of the market tells you you’re correct.
Then hard stop loss underneath.
HAAAARD!
If you’re buying stock because MSFT pe is 22 and Amazon pe is 28, then NVDA pe is 14!!
Just buy NVDA !!
See this is a fools errand to use pe to buy stocks .
You have to understand where the pe will be 5 years from now not what it’s today or tomorrow!!
This takes experience.