SCKR Consulting, Inc.

09/11/2021

08/26/2021

🤔

In the same hour yesterday:

Someone bought this Cryptopunk for $707,525.

Another person bought a Thomas Edison signed trademark application for $2,500.

02/25/2021

An older article, but a good read when deciding to sell your business. We would be happy to discuss your options and opportunities.

Good timing often short-circuits skepticism and due diligence. Before diving in, find out where everyone's interests lie.

02/25/2021

Pot producer, Indus Holdings Inc., said on Thursday, it bought California-based rival Lowell Herb Co. for $39 million, adding a brand backed by Miley Cyrus and Chris Rock to its offering of products.

Pot producer Indus Holdings Inc said on Thursday it bought California-based rival Lowell Herb Co for $39 million, adding a brand backed by Miley Cyrus and Chris Rock to its offering of products.

02/08/2021

Gamestop's short squeeze is an incredible study on the power of the masses, investor psychology, and Wall Street.

Many trading platforms that appeal to retail traders have now banned the purchase of Gamestop stock. This means anyone on these platforms can only sell, not buy. Effectively, the stock can not be bid up and the recent buyers of GME now are entirely sellers and the Wall Street firms that shorted the position are able to buy back GME at whatever price they dictate.

Why did the platforms do this? Mostly to protect themselves. Anyone buying GME on margin (which these retail trading platforms make it generally easy to access margin) will be hit with drastic margin calls and if they cannot pay them, the platform may have to pick up the cost.

What does it mean for the market? If there was ever a question in your mind, this will probably make it clear that we do not have a free market nor an efficient one.

How does this impact you? Knowledge is power. Learn new angles and opinions, even if they do not match with your own. There are people who made and lost fortunes. It is a bubble lesson that does not just apply to Gamestop.

12/18/2020

Good piece.

Don’t expect your boss to change his or her way of working—adapt your behavior to improve your professional relationship.

12/18/2020

"I think there might be too many M.B.A.s running companies," Tesla's CEO said during an interview with The Wall Street Journal. "There should be more focus on the product or service itself, less time on board meetings, less time on financials."

https://www.wsj.com/articles/elon-musk-decries-m-b-a-ization-of-america-11607548589?mod=e2fb&fbclid=IwAR00RTNz1kZ0hXu9tRSRBhjYBkPIyIAMH09Xl_QgIp8tTLzgmD-OmdrX45s

“I think there might be too many M.B.A.s running companies,” Tesla’s chief executive says. Many business-school leaders fire back, arguing his comments don’t match the reality of what is taught in M.B.A. programs.

12/07/2020

11/24/2020

DOW 30,000!!

10/29/2020

That is a massive number for the U.S. economy!