Seeking Alpha by Adding Beta

This week world celebrated Earth Day on Apr 22. Fifteen years after Al Gore's " An Inconvenient Truth "  documentary which won 2 Oscars, I am glad that policymakers across large nations (US, China, India and EU) as well as corporates which used to be part of of the problem (Automakers and Energy companies) are paying attention to real dangers of Global Warming and becoming part of the solution. Many leaders committed to significant reductions in emission goals by 2030 to 2050. Even companies like Exxon and GM are taking concrete steps in helping solve the problem. After all they are looking at valuation premiums offered to their "green" counterparts like Tesla and solar companies and realizing that " green is good " (on lines of famous Gordon Gekko dialogue from original Wall Street movie "greed is good"). Hope that these actions and commitments will help make Earth "cool" again! After two month delay, Oscars would be held today eve...

In 2017, I wrote about " Crypto-currencies: Fad, Fraud or Frontier ". In 4 years all three aspects of crypto came true in some form or shape. At that time Bitcoin was going around $4200 and Ethernum was less than $300. The crypto market reached another key milestone this week with biggest IPO of Coinbase as proxy for how real is this new frontier of asset class. On first day, Coinbase at $85B was worth more than 3 times of Nasdaq valuation where it started trading. What an irony! Shouldn't Coinbase "company" should have its own "coin" to trade on Coinbase "exchange"? I am sure someone will come up with "token" which tracks Coinbase stock price to trade on Coinbase or FTX exchange. Complicated? Yes and that's why normal investors should stay away from these. Having said that, one cannot ignore that market cap of all cryptos together exceed most valuable company (Apple) market cap and Bitcoin itself is worth more than trillion $ a...

About one century ago, as world was coming out of world war 1 and devastating spanish flu pandemic new decade unleashed wave of prosperity with new technologies as well as major social changes in western world. That's why the decade is nicknamed as " Roarin's 20s ". Following technologies changed the world forever and they still dominate our lives even 100 years later Autos Television/Radio/Movies Aviation Medicine Expanded infrastructure with electrification of grid, telephone networks and urbanization There were also major social and culture changes such as Suffrage, Jazz, Liberalism and many others marked the decade.  100 years later, world is getting ready to come out of another devastating COVID pandemic and trade war between two major nations. Thanks to combination of fiscal and monetary stimulus totaling over 25 trillion $ worldwide, world economies are going to see growth not seen for multiple decades. This decade could unleash following Mass adoption of Elect...