This guy is anonymous but he makes some really important points about @SECGov's move to shift to bi-annual earnings. He describes himself as conservative retail investor "who has consistently supported efforts to reduce regulatory burdens." Worth a read. https://t.co/ybwvioqIAb
I would have expected the market to start discerning between SaaS that is impacted by AI, SaaS that needs to evolve, and SaaS that benefits from AI. Analytical SaaS, Creative SaaS is in category 1, System or Record, Human workflow and Engagement and Productivity are in category 2 and Infrastructure SaaS and Cybersecurity are in 3. This constant paranoid reaction of the market will continue to create buying opportunities for the discerning.
Valuations are no help in finding a floor. Flows, forced sellers, and technical factors trump fundamentals in the short run.
Yves Bonzon, Group CIO
Julius Baer
Tangibles REIT Fund generated absolute return of 9.9% in september net of mgt fees.
Trying to prove that good Active funds can beat passive funds.
cc: @ishares
SPAC's are poison ☠️ and likely your biggest bags if you ever got involved in them. Worst 🎰 game out there. The sooner you realized this the better off you are.
Here is an UPDATE on current status of many names you'll recognize.
👇
#SPACtoReality
(1/6)
Microsoft to buy Activision Blizzard for USD 95 per share in an all-cash deal. Current share price is USD 82.31. Enjoy the gains.
#arbitrage#microsoft#ActivisionBlizzard
We're short $ASTR. Report at https://t.co/s3QiLOk7Zo. Facing a 91m share lockup expiry tmrw, $ASTR is 2021’s worst space SPAC: a $2b pre-rev launch co, announced at height of the bubble, bleeding cash trying to build hundreds of puny, unreliable rockets for a nonexistent mkt 1/7
The Buyers of Beeple's $69 Million NFT Sold Speculators on a Crypto Art Investment Scheme, and It Is Not Going Well | This Beeple sale story is very interesting https://t.co/Z4pQHRh22C
Blue Orca is short Seek (ASX: $SEK), a roll-up of online recruiting platforms with toxic levels of debt. Seek trades at 404x forward earnings because it claims its platform Zhaopin is China’s #1 player and growing rapidly. We think this is bogus. Report @ https://t.co/Ak0zVmAClh