Surprise~~ Amazon acquired Whole Foods~ As a fan and investor of Amazon, I was happy with the 2% increase in the stock price after the acquisition announcement. So why did Amazon purchase Whole Foods? I think Amazon bought Whole Foods because it needed to figure out groceries, which is really hard! Amazon Fresh is … Continue reading Amazon Acquires Whole Foods
Lending Club celebrating 10 years 😀 Here are some numbers~ More than 160,000 retail investors have gotten unprecedented access to invest in consumer credit through LendingClub's platform Nearly 2 million borrowers have gotten access to affordable credit through LendingClub's marketplace 98% of investors who invest in 100+ Notes of relatively equal size have seen positive … Continue reading Lending Club Celebrating 10 Years
I came across a post talking about AQR's AQMIX underperformance. So I went to look it up myself so AQR's AQMIX has returned 2.78% over five years. Given the rising markets from 2009, this number does not look good. However, let us remember three things. First, AQMIX is a managed future fund has a diversification … Continue reading AQR’s AQMIX Underperformance
Media is having a day of bashing Snap inc. Well, it is down more than 10% since the IPO pop. I am not sure why people are so surprised. The prospectus had issues and even analysts were quite bearish. However, I would not pay too much attention to drops. Stocks are inherently volatile after IPO. … Continue reading Snap! Trouble!
Snap Inc had a 44% pop on the first day. Despite the roaring demand, investors remain cautious. Even the analysts are not recommending a buy rating yet. So is Snap a good investment? Well, I am quite cautious. First, despite the explosive revenue growth, there is a slow down in growth of users. Second, investors … Continue reading Investment: Snap Inc Update
Today, I increased my exposure to gold miner and a pipe company. McEwen Mining dropped almost 20% in the past few weeks. Given that the CEO still owns 25% of firm and is not selling, plus considering that gold is still underallocated by institutional investors, I bought more shares. I bought only a bit more for … Continue reading Investing [2017/3/1]
Today, I look at a female clothing firm, J. Jill. I decided to cover this firm because I really do not know about women fashion and wanted to see what I can learn. Pros 1 Strong customer. Our typical customer is 40-65 years old, is college educated and has an annual household income that exceeds … Continue reading IPO Watch: J.Jill