What drives a stock price higher? While the question may come across as rhetorical, it ties into the very essence of stock market investing. The answer may shock you for how simple and trivial it is. It’s all about having more buyers than sellers. It’s ideal to be the first person in the stock, but [....]
Earlier this year, the economist Richard Thaler was recognized by the Nobel Committee for his contributions to behavioral economics. Mr. Thaler’s work challenges the very notion that individuals are ‘rational’ actors looking to maximise their utility, a cornerstone in the fundamentals underlying the study of economics. 18 years ago, Fed Chair Alan Greenspan coined the [....]
Investing in the FANGs It’s so easy to be long the FANGs, but it’s more difficult to be long for the right reasons. Sure Amazon is disrupting retail, FB and Google’s mobile ad revenues are soaring and Netflix is growing and preserving subscribers at an incredible rate, however, it’s worth taking a deeper look at [....]
