Berkshire Grey Stock – A Pure Play on Warehouse Robotics

Why is it that when a stock rises +300%, nobody bats an eye, but when it falls -10%, everyone panics and starts asking questions? That’s partly due to a psychological phenomenon known as “loss aversion” which shows people feel the pain of a loss about twice as hard as the joy of a gain. That’s why most people who invest in tech stocks don’t sleep well at night. Today’s market is simply demonstrating what people always seem to forget. Tech stocks are an extremely volatile lot.

Right now there are a lot of special purpose acquisition companies (SPACs) out there that need to find a target and acquire them before the music stops and the whole house of cards comes crumbling down. While some SPACs represent appealing companies – Desktop Metal, Butterfly Network, or Velodyne – most are pre-revenue teams with dreams that will likely fail, no matter how much money you throw at them. Today, we’re going