Nothing screams “I know nothing about investing” more than someone who celebrates short-term stock price movements. Unless you’ve moved to capture alpha by closing your position, you have a paper gain and have achieved nothing. Many the newbie “investor” has watched a stock gain +100% and then ended up selling at a -50% loss. The […]
There’s an entire contingent of twats on Twitter who think the way to be a successful investor is to find one stock they like and then cram it down everyone’s throats as if they’re selling Amway products. If you criticize their sacred cow in the slightest way, they become unhinged. A better way to use […]
In 2004, Blockbuster video had reached its peak with 9,000 brick-and-mortar stores worldwide and a new store opening every 17 hours. Today, there’s just one left in Bend Oregon – the last Blockbuster store. If you were an investor in Blockbuster at that time, what metrics would you have been watching to make sure you exited your […]
We’ve covered hundreds of startups over the years at Nanalyze, and many of them have started going public in what has become a record-breaking year for IPOs. Quite a few of these companies have chosen to go through the back door to the public markets through reverse mergers with special purpose acquisition companies (SPACs). In […]
Now we’re up to a baker’s dozen of space SPAC deals with Terran Orbital stock. About Terran Orbital Stock Founded in 2013 and based in the very kosher town of Boca Raton, Florida, Terran Orbital Corporation has only raised $43 million in disclosed funding from just a few names. But there are a couple of […]
There aren’t that many trillion-dollar industries left where technology isn’t already shaking things up. One of the last dinosaurs to be hit by the asteroid of technological disruption is the insurance game. Specifically, we’re talking about property and casualty (P&C) insurance, which represents $1.6 trillion in premiums and accounts for about one-third of the entire […]
There’s no such thing as a free lunch. That’s the title of a book by economist Milton Friedman that business school professors expect you to read as part of your bee school experience. It’s a dreadfully boring book that you can skip by simply pondering what it says on the tin. The saying “there ain’t […]
While special purpose acquisition companies (SPACs) in their current form have been around since the 1990s, these shell corporations that acquire and merge with private companies have surged in popularity in the last couple of years. There have been more than 600 SPAC filings and about $170 billion raised since last year, according to the […]
If you can figure out what motivates someone, you’re in a much better position at the negotiation table. In the case of special purpose acquisition companies (SPACs), you have three stakeholders at the table – the sponsor who gets paid millions if any deal gets done (sponsors have seen average returns of +958%), the company […]
Perhaps you’ve heard the old story about how JFK’s father, Joe Kennedy, decided to get out of the stock market when the shoeshine boy started giving him stocks tips. It seems like every market crash has been preceded by a period of mania where investors have been replaced by speculators who will buy just about […]