Space: The final frontier … probably because it’s the last place you want to invest your money right now. Special purpose acquisition companies (SPACs) have bred faster than tribbles over the last couple of years, absorbing every tech company with a pipe dream and a pipeline that promised billions in projected revenues. These blank check […]
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 […]
The number of companies going public is becoming overwhelming. We largely cover U.S. initial public offerings, and 30% of them this year (measured by proceeds) have been special purpose acquisition companies (SPACs). But here’s the really interesting metric. If the data provided by StockAnalysis.com is to be believed, there have been 991 IPOs on the […]
Just when you thought it was safe to go back into space, there’s been another SPAC attack. NewSpace company Terran Orbital just announced plans to go public by merging with a special purpose acquisition company (SPAC). We had finally finished slogging through a dozen shiny investor decks, starting two years ago with space tourism company […]
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 […]
On a small plot of blue clay soil in France are grown grapes that produce one of the finest wines known to man – Petrus. While cult wine movie Sideways painted a bad picture of merlots, nobody puts Petrus in the corner. It’s a merlot whose berries are picked one at a time, consistently commanding […]