Things You’ll Never Believe

So today I’m going to leap all over the place and show you some some interesting things that’ve come across my desk in the last week. Why no full fledged blog?

Well, if you didn’t notice, this week’s WOW on the “Trumpification” of US foreign policy (and its winners and losers), was, I dare say, a bit of a beast. And so for all my avid readers who managed to get through it all, it was worth it for me. Also, I’ve been spending some time on my latest Insider alert and time is running short.

First out of the gate, a funny conversation I had with my dear wife:

Wife: So, let me get this straight: you’ve got thousands upon thousands of people on your list but only 42% of them read your work?

Me: Well, I guess only 42% open their emails, yes. I couldn’t understand it for a while.

Wife: You’d better step up your game, that’s awful.

Me: Well, I’m told it’s actually quite good as open rates for this blogging stuff are typically around 20%, so in theory I’m killing it, honey.

Wife: Well, that makes no sense. Why would someone sign up and then not read your emails? It must be that you’re just not that good. I think you should just focus on your fund and leave all this stuff alone.

Me: Well, this helps me to concentrate on thinking stuff through so that the fund will do well. And look, it’s working.

Wife: Seems all backward to me.

Me: Yeah, but you don’t use the net like most and you never use social media at all so you wouldn’t know.

I was hoping she wouldn’t ask if all of the 42% who open the emails (according to my mail system) are members of Insider (they’re not). Then I’d have some explaining to do. She didn’t. Whew!

It made me realise how much I’ve learned since starting my blog and how many people, just like my wife, don’t understand revenue models for businesses which brings me to…

Hahaha! Going in at an eye watering valuation of $25 billion.

Now, if you’re one of those guys (you know who you are) who are running an IPO book, then you’ve been waiting for something like this. The equity markets have seen a dearth of these so it’s about time, heh? After all, all the fun’s been in fixed income (aka bubble) markets.