Unicorn’s Performance After Their IPOs A unicorn is a privately held startup company with a value of over $1 billion. The chart below shows the value today, if you had invested $1000 at the time of the IPOs. See also “IPOs Tend to Underperform the Market.” Picture source: howmuch.net
IPOs Tend to Underperform the Market The evidence shows that, despite their higher risk, initial public offerings make poor investments. See also “Unicorn IPOs, Are They Good Investments?”
Unicorn IPOs, Are They Good Investments? Keep in mind that most IPOs lose money for investors after 5 years. Pictures source: CNBC, Hedgeye Risk Management LLC
Why U.S. Productivity Is Lower Than Previous Business Cycles? The real yield is the most important measure of financial tightness. But as the real yield is near zero, artificially low interest rates are then associated with unnecessary debt, zombie firms and lower productivity than previous business cycles. Zombie firms cannot invest, innovate and increase productivity. …
Watch Warren Buffett’s full interview with CNBC’s Becky Quick In this interview, Warren Buffett speaks about rail road, Berkshire Hathaway, economic slowdown, yield curve, recession, stock vs. bond, airlines & automotive industry, capitalism, inequality, benefits of free trade, IPOs, entertainment industry, Apple, American Express, Wells Fargo, real estate commission, philanthropy with 2% of GDP, odds,…
