The Worst Tech Stock People Trade Today | NASDAQ:GPRO

Munger-style Investing | Florian Morata interview

Turning Entrepreneurs into Investors | Florian Morata interview

Stock Analyses

2022–06–19: NYSE:GPRO

Nature of Goods

GOODS, according to the ‘Austrian School of Economics’, require the following:

1. Human Need

2. Causal connection between the good and a need satisfaction

Red Queen Effect

More and more money is needed just to maintain your relative position in the industry and stay in the game. In describing the capital investment needed to maintain a relative placement in the textile industry, Warren Buffett writes:

Over the years, we had the option of…

Podcasts

2022–06–10: Florian Morata: Munger-style investing…

Technology

Technology’s doubled edged sword is described by Charles Munger in ‘Poor Charlie’s Almanack’:

The great lesson in microeconomics is to discriminate between when technology is going to help you and when it’s going to kill…

Social Proof

The concept is explained by Robert Cialdini, in his book ‘Influence Science and Practice’:

We view a behavior as correct in a given situation to the degree that we see others performing it. Whether the question is what…

Surfing a Wave

The idea of a large business force that developed, which a company was able to ride. The metaphor is explained in ‘Poor Charlie’s Almanack’, by Charles Munger: