jaster
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Getting people to use your so-called "superapp" is trivial when you throw enough money at them, to the extent that every transaction made through the app makes is unprofitable. The difficult part is getting people to continue using your app even when the frankly obscene amount of subsidies are withdrawn. Grab has never been capable of the second part. It's for this reason that I am extremely skeptical of those who think Grab will ever succeed. Grab's response everytime usage numbers falls is to throw even more money at the problem. They have consistently racked up billions of dollars in losses, and this number only continues to grow ever larger. How can such a company ever be profitable? What happens when the money runs out?
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This headline is such a joke. The only risk here is the possibility that SoFi makes it big one day. Which, by the way, is extremely small. For every Amazon there are thousands of other similar startups which failed, for some reason or other, or just plain bad luck. You just don't ever hear of them.In fact, it's probably more risky to own SoFi shares than to NOT own them.
It’s Risky to Not Own Shares of SoFi Technologies
What an illogical, incoherent article, seemingly written by an author consumed with self-pity. That getting wealthy and achieving financial security has never been easy, both then and now. Not everyone who tries is guaranteed to succeed. The fact is that no one is remotely interested in intentionally keeping millennials down. If you are not able to offer skills and abilities that others would value, no one would pay you for anything. Instead of raging against an imaginary machine, perhaps the author's time would be better spent acquiring the skills employers would value and pay for. For instance, even if a small fortune was racked up in college debt, was there actually anything worthwhile learnt?
Why I’m Still Rage-Buying Meme Stocks
Always ask yourself what someone is trying to achieve when they make statements like this. The fact is that it's impossible for anyone to predict with any certainty where the market will head next. A healthy degree of skepticism is always good.
Ark's Cathie Wood says stock market 'couldn't be further away from a bubble.' Here's why.
I really wouldn't put Pfizer in the same group as Apple, Amazon, and the like. What makes those stocks really strong are the lack of scaling costs (meaning they can scale up easily), and strong network effects leading to high barriers of entry (no one can easily compete with them). Pfizer doesn't have any of these advantages, it's recent performance is largely driven by the covid pandemic - which is temporary by nature.
Missed Out on the FAANG Stocks? Consider Buying These PfANG Stocks Instead.
Fully agree. It's very naive to think that prices can only ever go up. Many new investors like to claim they have "diamond hands", without ever having experienced a true financial crisis. I truly wonder how many of them will continue with that when it really hits (anyone remembers how bad it was in 2008?)
There are enough red flags that 'investors have to start considering de-risking,' warns star money manager
The problem with Tesla is that with the shares being as expensive as they are, pretty much everything has to go perfectly moving forward. There is no room for any missteps as the expectation of future success has already been reflected in the share price.I feel that this is something most Tesla bulls misunderstand. No one is disputing that Tesla is (at least for now) the most prolific EV company, and is involved in many industry sectors with high potential growth. The question really is, is this expectation of future potential earnings really worth the eye-watering valuations that the market has assigned it?
Tesla: A Lesson In Humility
I would take anything said by so-called "celebrities" with a huge handful of salt. They could easily just be manipulating the price for their own personal gain. After all crypto markets are completely unregulated and there are no penalties for such actions which would be frowned upon in other asset classes.For those who do decide to buy in, do your own homework and don't invest your money simply because someone famous has said good things about it.
Bitcoin is headed toward its worst month since 2011; 'Rich Dad, Poor Dad' author says that's 'great news'
The accolades seem rather premature. Warren Buffet is famous not because he achieved stratospheric returns in a single year, it's because he achieved above average returns over decades. Cathie Wood has yet to prove if she can produce any sustainable returns.I wonder how many people have actually seen the company reports produced by ARK. Let's just say they tend to be absurdly optimistic.
Cathie Wood’s Bad Spring Is Only a Blip When the Future Is So Magnificent
A zero sum game. Retail traders more likely than not to make losses.
Crypto Is Crashing: Is Now the Time to Invest?
Very overvalued as anyone who has done any serious research can see. Still, many people will buy in on the hype so potential for profits so long as you don't get too greedy.
Has The Moment Of Truth Arrived For Tesla's Stock?
Great
Oil Holds Drop Near $62 With Virus Flare-Up Looming Over Market
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Tesla posts record net income of $438 million, revenue surges by 74%
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