I posted this on Twitter, but thought I would also share on here as it really showed the difference between private investing and public investing.
Some companies that have market caps less than the total money they have raised:
• Bird ($120M mkt cap vs $1.2B raised)
• Wish ($810M mkt cap vs $2.9B raised)
• WeWork ($2.8B mkt cap vs $16.2B raised)
• Lyft ($5.1B mkt cap vs $7.3B raised)
Beggars Music Group had a strong 2021 (as they have just released their numbers in a filing on UK Companies House).
Beggars Group generated GBP 79.98 million in 2021 – which was up 29.7% year on year.
This figure includes Beggars’ share of various joint venture businesses including XL Recordings, Matador and Rough Trade, in each of which Beggars owns 50%.
Beggars is a huge player in independent music market and it’s great to see that they are still growing strong and getting a strong slice of the market.
I came across this information about SWIFT network posted the other day. This could have a very big impact on the Russian and Ukraine war and instead of trying to put it in my own words I thought I would repost it.
Following Russia’s invasion of Ukraine, Western governments have dropped heavy sanctions on Russian banks, companies, and elites—including President Vladimir Putin himself.
But they’ve yet to move forward with what’s been called the “nuclear option”: banning Russia from using SWIFT.
Belgium’s Society for Worldwide Interbank Financial Telecommunications (SWIFT) runs a messaging service that facilitates transactions across 11,000+ financial institutions globally. Think of it as the “Gmail of global banking.”
Entities in every country except North Korea use SWIFT to shuffle trillions of dollars’ worth of funds across borders. And Russia is a SWIFT power user—as a major supplier of energy and other goods, it ranks sixth globally for payment messages sent on SWIFT. So if Russia were cut off from SWIFT, “the nation would essentially be severed from much of the global financial system,” the NYT wrote.
While the UK and Ukraine are trying to boot Russia from the global group chat, the US and some EU nations are a little more hesitant. Here’s why:
Of course, workarounds to SWIFT already exist, which is another reason why some sanctions experts say that blocking SWIFT access is an overrated tool for punishing Russia. You could do it, but you might be creating more problems for yourself in the process.
Apple is reportedly going to allow iPhones to start accepting contactless payments. This is huge news!
It will dramatically affect any card company and how they collect their fees – as well as companies like Square and other POS services.
Apple has reporting been working on this service since 2020, when it purchased a Canadian startup called Mobeewave. Mobeewave’s technology only needs an app and the phone’s NFC to work.
I expect that Apple will roll out such a service as part of Apple Pay.
Game changer!
Very interesting question to Warren Buffett – in which he then provides a very interesting (yet simplistic) answer.
Shareholders need to act like owners – and in nearly all cases in America – this is forgotten. People forget that when they buy a stock in a business that they are becoming an owner in that business.
Masayoshi Son is one of the best investors in the world and he is known for his very bold bets. Masayoshi Son has done so much and he always seems so humble as he is trying to also make the world a better place.
Chinese ride-hail giant DiDi said it will delist from the New York Stock Exchange, following a Chinese government crackdown on foreign listings. (via Axios)
Didi is the Uber of China (and beyond) and it seems as though their progress might be hindered with growing geopolitical tensions between the US and China.
The delisting will occur soon and Didi will move trading across to the Hong Kong Stock Exchange.
The Hong Kong Stock Exchange has been know to have lower general multiple than its US counterparts.
Mohnish Pabrai is often called the Indian Warren Buffett. Here is a video that outlines his 6 tips for investing returns of over 25% per year.
Yes.
Monday.com has just gone public and now anyone can buy shares in the productivity software giant.
Stock Ticket: MNDY
For analysis and information please take a look at Yahoo Finance.
Breaking: Simon Hu is stepping down as the CEO of Ant Financial.
Ant Financial have been under huge scrutiny by the Chinese Government since they announced that they were going to try to IPO.
The Ant Financial IPO was going to be one of the biggest IPOs of all time.
Wallstreetbets is a sub-reddit where they wanted to try to build a community to for the big short sellers out of certain stocks, but what they didn’t realise is that they can really kill these companies with the power of the retail investors.
Short Seller percentages of outstanding stock:
Most companies tend to be below 2% in short sellers.
At the time of writing this GME is up to $337 per share (up 128% in one day) and AMC 19.35 per share (up 286% in one day).
The community seems to be using their retail power to try to force these short sellers out of the market and make them bankrupt.
Stick it to the man!
This is a great video which very simply explains how to pay yourself from a limited company in the UK for 2020/2021.
There is very little difference between Berkshire Hathaway’s BRK.A and BRK.B shares.
BRK.B shares were created because Warren Buffett noticed that the BRK.A shares were growing considerable high is cost per share and that these shares were less obtainable by the average retail investor and could only be purchased by either very wealth individuals, unit trusts or mutual funds.
Thus, Warren decided to create BRK.B shares to provide the average investor with the opportunity to purchase shares in Berkshire Hathaway without the huge cost associated with BRK.A.
There are other very small differences, but the above is the only one that really counts.