Patience Pays Off

Patience Pays Off Tech heavyweights—AI chipmaker Cerebras Systems and aerospace giant SpaceX—saw their shares dip below their respective initial public offering (IPO) prices this week. While dipping below the IPO price is a psychological blow to early buyers, we, along with Wall Street analysts, remain bullish on the long-term potential of both companies. However, there […]
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SpaceX: Patience is a Virtue

SpaceX: Patience is a Virtue Investing in SpaceX at its current market price presents a high-stakes trade-off between securing a piece of what could become a generational technology platform and paying an unprecedented valuation premium. Is this the deal of the century, or is it mass speculation? The company is certainly on the leading edge […]
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Supply Shock

Supply Shock If you think this is another story about oil, you are mistaken. The law of supply and demand works throughout any free economy. It states that less supply should result in higher prices, other factors being equal. This is certainly true for oil, as we have recently experienced, but the same dynamic applies […]
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SpaceX: The 800-lb Gorilla Entering the Room

SpaceX: The 800-lb Gorilla Entering the Room The biggest kids play in the biggest playgrounds. In the stock market, the biggest playgrounds are the S&P 500 and the Nasdaq 100. Every time you buy an index fund based on those indexes, you are buying all of the stocks within them. The composition of those indexes […]
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