James Eagle

#Apple broke the mold for #BerkshireHathaway. There was no company more instrumental in helping Buffett get over his aversion to tech than Apple. He took a modest $1 billion in 2016, which has since grown to $120 billion.

You can see how Apple has impacted his #portfolio in this chart. I animated it over 20 years because of Warren Buffett's history.

He was not known 20 years ago for holding #techstocks. In fact he famously avoided the #tech bubble. At one point he avoided #technology altogether because he admitted that he didn't understand the industry well enough.

Warren Buffett is still a buy-and-hold investor, but what I like about him is that he still moves with conviction. It's just he tends to move over the very long term. I guess it is paid off for him.

What are your thoughts?

#Investing

#Bitcoin is on the rebound. So just for a little nostalgia, I've plotted the entire price history of Bitcoin. And if you watch until the end, there is a log version as well, so you can see the peaks and troughs over time more easily.

What's going on? Bitcoin jumped on bets that the first Bitcoin ETFs in the US are set to be approved. All those losses incurred after the failure of the Terra stablecoin last May have been made back. It's also hoped that in the coming months the US securities exchange commission will approve spot ETFs – a stock market fund that hold Bitcoins.

What are your thought? Is Bitcoin finally going mainstream, or it is still a speculative risk asset.

Music: Lo Que Siento Por Ti by Caro Luna, Epidemic Sounds

#cryptocurrencies #crypto

No need to read it this week. The story is on the front cover. Six words!
#economy #macroeconomics

Elon Musk could be the world's first trillionaire by 2027. Well, most of this is paper wealth (Tesla, Twitter). That wealth, like many billionaires', inflates and deflates with the stock market. And right now Elon Musk has certainly been inflated by Trump's election win.

It's quite a turnaround. Back in April he was only the fourth richest person in the world and now he's number one. I bet he's pleased. Are you? Do you care?

Music: Highlights by Ooyy, Epidemic Sounds
How I did it: D3 JavaScript

Is the UK getting warmer? Parts of the country pasted the 40°C on 19 July (104°F), which has never happened before. I've managed to get monthly average temperature data from the UK Met Office: https://lnkd.in/ew7KPpD9

This is what I've created with it.

Keep cool #Britain!

#climatechange #climate #globalwarming

Music: The Heart - David Celeste, Epidemic Sounds