Weekly Market Update #8

The Weekly Market Update's goal is to give you some insights on the stock market, some visibility on my portfolio, and my decision-making process.

Hook's startups

The last batch of Hook is over. I can reveal the magnificent entrepreneurs we spent the previous 5 months with:

Arnaud and Jean from Datacrunch. Lazare, Vincent, and Julien from Spoke. Daniel and Paul from Carboncroc. Diwan and Guillaume from Deepclimb. Ankit and Parth from Seashore Networks.

For them, it's just the start of the journey.

Markets & portfolio update

We are still in the same dynamic: tech companies are struggling, bond yields are rising. The NASDAQ100 is negative year-to-date.

Indicators are still red. Interestingly gold is green. Bitcoin recovers most of its loss from the All-time high.

Some readers asked me: What should I do? Should I add more money to my account to buy the dip? Should I wait? Should I withdraw?

My opinion: Don't withdraw! Just continue what you were doing until today. It is very difficult (impossible) to predict what will happen. The easiest is to continue Dollar Cost Averaging.

The Ownership Economy

Most of the digital economy is centralized (the device you are currently using, the server hosting this content). Platforms such as YouTube, Facebook, and Wikipedia operate around content sourced from individuals. Marketplaces such as Patreon or Substack enable users to directly fund their work. However, they still "own" the content; if they disappear, your content disappears too.

The next step is platforms owned by users.

The first steps happened in finance with DeFi. You can now benefit from a platform without losing control (ownership) of your funds.

It will expand to everything: digital art, music, social media. Tweets are already being tokenized.

You guessed it, I am wiring again about NFTs. I can't get my mind off of it. I think it will offer so many possibilities soon. It's not just the hype of selling a tweet for $2M.

The internet is now ownable.

As investors, it is important to see these trends coming, and developing.

What I am reading

(Yes, it's only about NFTs :) )

A Word on NFTs

Artists and authors are issuing non fungible tokens (NFTs) for their work. The market price of these has exploded and bids are currently at $2 million for Jack Dorsey’s first tweet. A lot of people...

Continuations by Albert Wenger

NFTs make the internet ownable

Before tech, I was an artist manager in music. When I started the firm, I believed one thing about the music industry very firmly: ownership endows power. Typically, labels had ownership over the music, and thus, power over artists.

Exploring NFT Collectibles for Authors —

A key thesis, substantiated by many others in the industry, is that digital collectibles, through non-fungible tokens (NFTs), can reinvent the creative economy. It’s subverting the creative work: make it as accessible as possible and sell digital collectibles related to the creative work. Thus: inst

Simon de la Rouviere

One-to-one (Zoom) meeting

The Next Wave is growing; however, I don't know most of you. I am willing to get in touch if you wish to step up your investor game.

You started investing and want feedback? You don't know where to start? You want to improve your skills?

Fill out this form, and I'll get in touch :)

Disclaimer: The goal is not to sell you anything but to get to know my audience.