Another week another S1 filling from a ‘Tech company’ that is looking to raise capital at a tech sector valuation for their upcoming IPO, is this just? Ben Thomson posted a great article on what a Tech company is.
Furthermore a deeper look into Argentina which once again is restructuring it’s debt, and lastly one of the best known investors, Michael Burry, on two of his long bet’s and his worries on passive investing.
Argentina’s has already defaulted 8th default times and twice in the last 20 years, this week President Mauricio started with a debt restructuring plan(Financial Times) It’s a pity to see a country which was once one of the world wealthiest struggle with corruption and poor governance from current and past governments.
What have Trump, Adam Neumann and Julius Caesar in common?
In this weekly Kaizen, we will firstly take a look at China from two different view points. The first is from Ray Dalio, discussing the Impact of China’s Growth on the World Economy in the second video Kyle Bass, a hedge fund manager, interviews Steve Bannon.
Great video on the final year of Caesar:
Before getting into WeWork, let’s look back into history to get a better understanding of the last year of Caesar, arguably one of the most accomplished humans in history.
So, what do I think of WeWork? My prediction is that in 20 years students will try to make sense of how, a heavily indebted real estate company, got valued at 26x revenue. Similar to how students currently look back on the Dot-Com bubble.
Congrats, you have made the decision to invest. Now, where do you start? The amount of information can we overwhelming, so here below are a couple of links to help you get started.
Important to check with brokers are the fees (both in $ dollar and in % of the value of the transaction), e.g. of brokers are Interactive Brokers, De Giro, Charles Swap, Morgan Stanley, Fidelity, a good article from Investopedia that goes into picking your first broker.