This week’s Trader Digest considers the imminent release of a tell-all book by Bitcoin's mystery founder, features analysis on Amazon stock and reveals the $185 steak sandwich that's wowing Wall Street...
Bitcoin Creator, Whoever It Is, Hints at Telling All in Book
“Is the unknown creator of Bitcoin writing a book about it? That could be concluded from a cryptic message posted Friday at a website possibly linked to Satoshi Nakamoto, the pseudonym used by the person or people who released the original Bitcoin white paper in 2008." Bloomberg
Thousands of cryptocurrency projects are already dead
"Two sites that are actively cataloging failed crypto projects, Coinopsy and DeadCoins, have found that over a 1,000 projects have failed so far in 2018." Tech Crunch
Austria Brings Crypto to the Masses: Bitcoin, Ethereum, XRP, IOTA, Bitcoin Cash, Litecoin, and Komodo
"If you live in Austria, you can buy Bitcoin, Ethereum, Litecoin, IOTA, Ripple, Dash, Komodo and Bitcoin Cash at over 400 post office branches across the country. Another 1,300 post partners are also selling cryptocurrencies through a new initiative by Vienna-based Bitpanda, one of Europe’s leading retail exchanges for buying and selling cryptocurrencies." Daily Hodl
After a Historic Rise, Should You Still Buy Amazon (AMZN) Stock?
"Now a literal household name, Amazon AMZN has experienced meteoric growth since its May 1997 IPO, since which its stock price has soared an astounding 111,260%. This represents about hundred times more growth than any of its industry competitors over that same time frame. This year alone, Amazon is up nearly 43% compared to an industry average of 9.2%." Yahoo Finance
Here's How The Bull Market Dies
"China may crack down on U.S. companies with stricter enforcement of regulations and maybe boycotts of U.S. goods." Forbes
Wall Street’s Newest Hot Commodity: The $185 Wagyu Steak Sandwich
"Don Wagyu, the first restaurant in New York devoted solely to Wagyu beef sandwiches, is located on South William Street in Manhattan’s Financial District, a five-minute walk from the New York Stock Exchange. When it opens on June 27, there will be three sandwiches (or sandos) on offer in the 1,000-square-foot space. Each is made from a different prized wagyu beef. The cheapest, made from a hybrid of Japanese and American cows, Washugyu, will cost about $25. On the other end of the spectrum is the A5 Ozaki, all sourced from a single farm in Japan. That sandwich will cost around $185."
Trader Interview: Dr. Ewan Kirk on the Science of Trading
"Dr. Ewan Kirk is the CIO and Founder of Cantab Capital, a systematic hedge fund based in Cambridge. According to its website, Cantab “employs a multi-strategy, multi-asset approach within the systematic space.”
What to Watch
The Future of Cryptocurrencies: A Bloomberg Live event in London
"What started as a programmer’s hobby almost 10 years ago, is now a rapidly growing sector that has generated high returns for early investors. Cryptocurrencies are largely thought to have the potential to emerge as a transformative payment innovation, but the volatility and wild price swings of late have left the investment community skeptical. Is this technology a breakthrough in international payments technology, or is it a speculative bubble bound to burst?" Bloomberg Live
Trading Nation: Top 2nd half picks
"Gina Sanchez, Chantico Global, and Michael Bapis, The Bapis Group at Hightower Advisors, discuss the best plays for the next six months." CNBC
For the Headphones
026: Advice From a Former Trader & Current Investor (@Stig_Brodersen)
"Episode 26 of the Desire To Trade Podcast features Stig Brodersen, the co-host of The Investors Podcast – We study billionaires, and has also authored multiple books on investing including The Warren Buffett Accounting Book." Desire To Trade