If you haven’t heard about NFTs yet, you surely will soon. It might be your kids asking you for money to buy “digital playing cards” like NBA Top Shots, or your favorite band/singer’s new album is auctioning off their songs. Recently, a piece of this form of “Digital Art” that anyone can view from their computer fetched $69 million at a Christie’s auction. Wait… What!? And no, that is not a typo.
“The more that you read, the more things you will know. The more that you learn, the more places you’ll go.”
Napa is apparently a legal scrabble word and is defined as a type of leather made by tanning sheepskin. Though, I suspect, most of us think “full bodied red wine” when we see those four iconic letters. Yes. treated well, leather does improve with time, but… today we will stay focused on wine (and the markets) - which also tend to improve with time.
Jim Ferrare was named to this year’s 2021 Best-In-State Wealth Advisors list by Forbes for the fourth year in a row.
Can you smell that? No - it’s not the smell of seeing the grass again after a long stretch of snow here in New England – It’s the smell of change.
Last week, a devastating winter storm almost brought the Texas power grid to a complete stop. The system collapsed from a surge in energy demand coupled with frozen utility plants during brutal winter storms.
Each new year, I reflect on the year that just ended by replaying it month by month. March 2020 was a wild, shocking month for everyone.
In our technology driven world, can you name an invention where a competitor doesn’t come in and try to replicate the idea in a better, more efficient way as technologies improve?
