A year ago I played Buy, Sell, or Hold on a trip home to Silicon Valley (the logic being that not all but many global trends start in California). The post proved so popular that I decided to play the game again last week.

(For those not familiar with the game: Buy, Sell, or Hold? is quite simple. If <X> were a stock, would you buy, sell, or hold ?)

1. Buy, Sell or Hold on… Snap – Buy at the IPO, Sell on the short-term gains

Wisdom suggested that the investment bankers would assure a first day IPO pop whereas the business fundamentals would weigh down the long-term prospects for the stock. I blindly followed the advice, which paid off. However, this eagerly-anticipated milestone may not open the flood gates for tech IPOs as many VCs had hoped.

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2. Buy, Sell or Hold on… Paying extra for avocado – Buy

Until innovation in agriculture can reduce the water consumption of avocado cultivation in drought-stricken California, paying extra for guacamole is here to stay. The phenomenon has apparently reached prime-time with American late night talk show hosts finding fodder in it for their stand-up jokes.

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3. Buy, Sell or Hold on… The white alpha male – Sell

Consensus was that this beast’s days are numbered. Feels like each early morning Tweet and afternoon HR scandal corroborates this hypothesis.

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