Bitcoin

San Diego and Venture Capital Funding

San Diego even though it possess a great local ecosystem of innovation it does appear to be a red headed step child for the attraction of Venture Capital funding. I pulled this data from the PWC Moneytree website. You can see that in terms of total dollars San Diego is still attracting a similar amount […]
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What to expect from Valuation

The danger with valuations is they are a lot like a bikini – they show you a lot, they don’t show you everything. The current Case Shiller Cyclically Adjusted PE ratio is currently 25.73. What does this mean?  Since January of 1881 to today the average PE ratio is 16.61, with a standard deviation of […]
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Price Matters

Every asset is valuable at the right price. What’s the right price is one of the most difficult questions to answer when it comes to investing.  We can try to forecast cash flow, margins of safety, operating margins, macro economic conditions and interest rates. It just gives us insights into what things might be worth […]
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‘Flation

Here’s a FlikStak that I created around the data points of inflation: https://flks.tk/SCq
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Monthly Chart Dump

Here is the monthly chart dump for August – enjoy.[gview file=”https://lanyonadvisory.com/wp-content/uploads/2014/08/Observations-Aug-2014.pptx”]
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Bitcoin

Oh to have bought some when it was at such a lowly price….  Now that is has run up everyone seems to want some. Bitcoin fits the profile an extremely speculative investment – is value is determined in part by the greater fool theory – hopefully someone will pay more for it than I bought […]
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