On February 4, 2021, 23andMe announced its plan to go public by merging with Virgin Group’s VG Acquisition Corp (VGAC). VGAC is a special purpose acquisition company (SPAC) created solely
The Bloodbath in Bonds In my last market commentary at the end of 2020, I pointed out that it is natural but wrong for investors to simply extrapolate future returns
Since peaking at ~$883 on 1/26/21, Tesla stock (TSLA) has fallen by ~32% to $600. The pace of the decline has no double shocked many TSLA stockholders and casual observers.
Spoiled by the phenomenal returns of the past 10-years, investors may be looking for annual returns of 10-20% when they should be guarding against the possibility of a lost decade
In a yield-starved world where savings rates at big banks are an insultingly low 0.01% and “high yield” online savings accounts are reduced to 0.5%, there is a little-known option
As I write this in September 2020, the seven largest companies in the world are all technology companies. Despite the COVID-driven recession this year, big tech has emerged as clear
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