From Stonks to Crypto, the Diamond Hand Era.

Boardroom Governance Newsletter #9 | February 2021

What a ride, you need to buckle up this 2021. In most of my newsletters I’ve had to describe the abysmal dichotomy between the social and economic hardships that most people are going through versus the riches acquired by others — particularly from the tech and finance industries. The gap between the haves and the have nots is increasing at blistering pace, and if inequality was a problem in the past, this chasm will only get deeper going forward.

Let’s put some numbers in context:

1. Covid-19: There are now over 109.2+ million infections globally, including 2.4+ million deaths. The good news is that the rate of vaccinations is increasing with over 175 million vaccine doses administered worldwide. Hopefully we’ll turn the corner soon on this pandemic.

2. Top 10 assets: A decade after Marc Andreessen’s famous “Software is Eating the World” article, tech and software companies are indeed reigning supreme but for one sovereign oil and gas holdout. The list includes Apple ($2.2T), Microsoft ($1.…