Early Investing

Banks are having a rough month. First Silvergate Bank collapsed, with the company announcing its liquidation on March 8. Then Silicon Valley Bank collapsed two days later on March 10. And then two days after that, on March 12, Signature Bank was shut down by regulators. 

By the numbers, Signature Bank’s collapse is the third-largest failure in U.S. banking history. Silicon Valley Bank is the second-largest failure, right behind Washington Mutual’s collapse in 2008. So banks are having a historically bad time right now.

In this episode of Crypto Insider, Vin Narayanan and Allison Brickell discuss these disastrous bank runs, the common thread between all of them and how the Federal Reserve comes into play.

Thanks for watching!

[mailpoet_form id="1"]

Crypto Insider: Behind the Bank Runs Republished from Source https://earlyinvesting.com/crypto-insider-behind-bank-runs/ via https://earlyinvesting.com/feed/

crowdsourcing week

Warren Buffett is not just a prolific investor. He’s also a great writer. The day he sends his annual letter to shareholders is one of investors’ favorite days on the calendar. The letters are sharp, incisive and even entertaining.

The 2022 letter to shareholders, which was just released this year, contains some particularly fiery insights. And even more entertaining is the fact that he and Vin Narayanan agree on something!

In this episode of Startup Insider, Vin and Allison Brickell discuss the highlight of the letter, Buffett’s missed opportunities, the faulty benchmarks analysts use to measure company performance, and more.

Thanks for watching!

[mailpoet_form id="1"]

Startup Insider: Incisive Insights From Warren Buffett’s Letter to Shareholders Republished from Source https://earlyinvesting.com/startup-insider-incisive-insights-from-warren-buffetts-letter-shareholders/ via https://earlyinvesting.com/feed/

crowdsourcing week

Since its inception, cryptocurrency has been a divisive concept. There have always been believers and critics, and some of them have expressed extreme opinions and predictions. Like Galaxy Digital CEO Mike Novogratz, a bitcoin bull who said he would get a crypto tattoo once bitcoin hit $500,000 in 2024. (He’s since walked that back.) Or the 400-plus articles that have claimed bitcoin is worthless.

It’s important for crypto investors to know when to tune out the noise. And most extreme crypto predictions are just that — noise.

In this episode of Crypto Insider, Vin Narayanan and Allison Brickell explain why investors should ignore these extreme crypto predictions — and what signals investors should pay attention to.

Thanks for watching!

[mailpoet_form id="1"]

Crypto Insider: Tune Out Extreme Crypto Predictions Republished from Source https://earlyinvesting.com/crypto-insider-tune-out-extreme-crypto-predictions/ via https://earlyinvesting.com/feed/

crowdsourcing week

Have you ever looked at a beautiful painting and wondered what it would be like to invest in it?

Scott Lynn, founder and CEO of Masterworks, has given that idea a lot of thought. Masterworks is a platform that lets people invest in multimillion-dollar pieces by artists like Picasso, Banksy, Basquiat, and others. It’s the first company to offer art investment products to retail investors.

In this episode of Startup Insider, Allison Brickell and Vin Narayanan sit down with Scott to learn how Masterworks came to be, how it finds art pieces for customers to invest in, how investors can evaluate works of art, and more.

Thanks for watching!

[mailpoet_form id="1"]

Startup Insider: How to Invest in Works of Art Republished from Source https://earlyinvesting.com/startup-insider-how-invest-works-art/ via https://earlyinvesting.com/feed/

crowdsourcing week

With tax day just two months away, many crypto investors are likely combing the internet for guidance on how to do their crypto taxes. Finding straightforward instructions is no easy feat. Crypto is such a new asset class, tax guidelines around it are constantly evolving. 

Fortunately, the Early Investing team is here to help. In this episode of Crypto Insider, Vin Narayanan and Allison Brickell enlist the help of Brian Belley — experienced crypto investor and vice president of product at KingsCrowd — to explain how investors can approach their crypto taxes this April. (Just note that Early Investing is not a tax advisor, so none of this information is tax advice. Investors should consult a tax professional before doing their taxes.)

Here are some of the questions we tackle:

• How does the current U.S. tax code treat crypto?
• How are crypto trading transactions taxed?
• How is crypto mining and staking income taxed?
• How is crypto spending taxed?
• How does the wash rule affect crypto?
• What services can help investors with their crypto taxes?

Thanks for watching!

[mailpoet_form id="1"]

Crypto Insider: Crypto Taxes 101 Republished from Source https://earlyinvesting.com/crypto-insider-crypto-taxes-101/ via https://earlyinvesting.com/feed/

crowdsourcing week