No matter the vehicle was chosen to navigate, once a company enters the public marketplace, it becomes subject to the same interactions between the supply and demand for securities that shape equity prices each day.
Investing in fashionable technologies
Ever stopped to wonder why you’re using a particular new word or phrase? Or maybe you’re sitting in the back of some strange person’s Toyota, they’re driving you to some strange person’s house where you’re staying the night in their guest bedroom. How did that happen?
Sentimental value can destroy monetary value
One of the staples of investment media and stock picking newsletters are the ‘if you had invested…” stories. The writer will pick a well-known stock, go back to a point in time (usually the IPO) and inform us how many millions we would have today, if only we had invested a specific dollar amount into that stock. It’s meant to make us feel like fools for not jumping aboard at the right time.
The IPO Saga
The hype in new IPOs continues to be huge. The recent announcement by Hawke’s Bay Regional Council approving to float a 45% stake in the Napier Port on July 15th has stirred up a lot of interest among many investors in New Zealand.