My Stoned Thoughts
- Do memorable things with your family.
- I can remember my grade point average every semester in college.
- Create a college scholarship based on perfection. As soon as they get a B, they lose the scholarship.
Session A
About one year ago, I decided to retire at age 39, and focus my energies on investing in the internet space. As a rule, I had made the commitment to avoid public equity investments in internet stocks, since none of these stocks have any fundamentals to support their valuations. Instead, I am now focusing on internet startup investments, where valuations are more reasonable, and downside risks are minimized. During my analysis of the internet as a whole, I’ve found that one company represents everything that’s wrong with the internet - Drugstore.com (DSCM). More »