Sneaky Falcon Enterprises, LLC is excited to announce its 2017 Annual Shareholders Meeting, July 7th-July 9th in sunny Las Vegas, Nevada.
The following was adapted from the MGM Growth Properties investment recommendation presentation shared with the team on June 15, 2017. As always, this was only an internal recommendation to be deliberated by the group, and does not constitute financial advice or an endorsement of the stock. See full legal disclaimer.
Why Bet on Black When You Can Buy the Whole Damn Casino?
“Each year gaming revenues in the U.S. yield more profits than the theatrical movie industry ($10.9 billion) and the recorded music industry ($7 billion) combined. Even the $22.5 billion combined revenue of the four major U.S. sports leagues is dwarfed by earnings from the commercial casinos industry.” – The Science Behind Casino Profits
Sneaky Falcon Enterprises, LLC has purchased 75 shares of MGM Growth Properties (Ticker NYSE:MGP).
For the original recommendation presentation, see MGM Growth Properties – Investment Recommendation.
The 75 shares were bought at a price of $28.90, for a total cost basis of $2,174.45 (with commission). Sneaky Falcon is officially in the gaming & casino business. About damn time.
If you haven’t noticed, we talk a lot about investment clubs here at Sneaky Falcon. We are in fact an investment club ourselves, we’ve discussed starting an investment club, and we even interviewed the founder of an app company helping to make running an investment club easier. I’m guessing there are some of you still wondering, “Seriously, what is an investment club?” (more…)
The following is a Guest Post from our friend Robbie from Stock Street. We asked him to share one of the worst investment decisions he has made. Fortunately for him, the bad investment decision was his friend Pat’s poor choice, and not his own.
Don’t be like Pat.
Read on as Robbie describes the epic conversation that spiraled down hill over the course of a few beers and resulted in a wildly un-informed investing decision and major losses. (more…)
The following financial update for June 2017 covers all performance and happenings from the month of May, and is based on the latest valuation date of 6/1/2017.
They say a picture is worth a thousand words. Maybe a meme is worth the 30 or so I could use to summarize the last month.
This is fine.
Time to Let the Falcon Fly…
Falcon Finds is a monthly curation of the most interesting things found and shared by the Sneaky Falcon team. These are the articles, ideas, businesses, and more discussed by the group in the month of May.
“I only look at spreadsheets during business hours.” – Dan and Amanda, apparently
Today, I thought I’d try something a little different. Part of the reason for starting our website was to connect with like-minded entrepreneurs and investors, and we’ve been doing just that. With that in mind, we are launching our new “Friends of the Falcon” segment, where we will share the stories and opinions of those we meet on our journey. Whether it be inviting them here for guest posts or discussing their businesses, our friends are now your friends.
To get us started, I sat down (ok, exchanged emails) with Thomas Beattie for an interview. Thomas is the CEO of the newly launched investment club app Voleo. Seeing as how we are an investment club ourselves, I thought this would be a perfect match.
In short, Voleo is a mobile-first investing platform that virtually recreates the investment club experience, allowing users to quickly form clubs and invest with friends, all via their smart phone. Thomas shares with us how he got started building an investment club app, how Voleo can help Millennials get into the stock market, his best and worst investing advice, and his love of Peregrine Falcons. Read on to see my entire interview with Mr. Beattie. (more…)
I really should have wrote about this a week ago but it is still fresh so going to talk about it now. Basically a rich guy in Australia, Bernard Salt, says millennials are fucking up because they go out and spend $22 on avocado toast on the weekend and should be buying a house instead.
I was personally intrigued because I have never heard of this food item and the cost involved. I guess it is all the rage at hipster millennial hangouts. I tried to visit one of these establishments but couldn’t get in them because I listen to music that is actually on the radio and don’t own any stylish scarves or glasses. They could tell from a mile away that I have no problem with genetically modified avocados, or really genetically modified anything, spiders, spider monkeys, spidermen, ect. (more…)
I received an email about a month ago that I felt would be selfish–no, downright immoral–of me not to share. When a message with the subject “FDA approval is about to send this stock up fifty fold” comes through my inbox (OK, spam box), how could I ignore such a hot stock tip. I knew I had to investigate further! (more…)