Stocks and shares

padington

Generali wrote: »

Buy shares in a specialist VC group...? No idea which one though.

If you use elance to ask someone to build you a website its amazing how many Indians want the business. I'm thinking with that many coders already and that many of them population wise, together with good English language skills, they must be a good bet.

Anyone know of know of a good Indian VC group ?

IronWolf

Any decent broker can keep you informed of IPOs.

You wont be getting Instagram any time soon they are owned by Facebook, and Spotify and Uber seem content raising money through private equity which is really easy atm, funds cant give them money fast enough.

You should probably avoid invididual shares, as if you knew enough to be stock-picking then you wouldn't be asking which shares to buy on here..

IronWolf

Here's a freebie for you, Beximco Pharma is a Bangladeshi generic pharma company. Has GDRs listed on AIM but also shares listed in Bangladesh, and the GDRs trade at a discount.

Generali

A Bangladeshi GDR trading on AIM. What could possibly go wrong?

paddyrg

From your OP, it looks like you're hunting for a bubble to get caught in. The high-tech valuations are currently off the scale insane. Beyond bonkers. There's a gang of rampers who are interested in pushing high-tech fashionable IPO's but look at them as actual businesses and you'll weep.

Snapchat for £3Bn? How much profit did they make last year? Quite. So the only way to get your money growth is through share price growth based on absolutely arbitrary trends and fashions. Same with all the others you've heard of.

Can I assume you were not around for dotcomboomandbust1.0? It wiped out many companies and individual investors. It wiped out Marconi. It nearly killed BT, who at one point made £100/second profit. The upside to profitless tech stocks is limited, the downside is 100%, and it can change in a heartbeat. If someone gets spooked, the selloff will be massive and fast and you'll be begging for a buyer. I could not suggest those stocks for the casual investor as they're very/completely bubble priced.

Generali

paddyrg wrote: »

From your OP, it looks like you're hunting for a bubble to get caught in. The high-tech valuations are currently off the scale insane. Beyond bonkers. There's a gang of rampers who are interested in pushing high-tech fashionable IPO's but look at them as actual businesses and you'll weep.

Snapchat for £3Bn? How much profit did they make last year? Quite. So the only way to get your money growth is through share price growth based on absolutely arbitrary trends and fashions. Same with all the others you've heard of.

Can I assume you were not around for dotcomboomandbust1.0? It wiped out many companies and individual investors. It wiped out Marconi. It nearly killed BT, who at one point made £100/second profit. The upside to profitless tech stocks is limited, the downside is 100%, and it can change in a heartbeat. If someone gets spooked, the selloff will be massive and fast and you'll be begging for a buyer. I could not suggest those stocks for the casual investor as they're very/completely bubble priced.

Uber for $50bn!!! An illegal minicab company with a nice app 'worth' $50,000,000,000 at the last fund raising round. Even Toyota is only worth 4x more than that, plus some change, at current market cap (that is price per share x number of shares).

Physics

If you've come to MSE forums looking for 'hot tips' that will give you the edge over the multimillion dollar funded investment companies who have real-time news feeds, Bloomberg terminals, machine learning tools, and a wealth of stock-market and industry-specific expertise at their disposoal, I can only wish you the best of luck.

padington

Physics wrote: »

If you've come to MSE forums looking for 'hot tips' that will give you the edge over the multimillion dollar funded investment companies who have real-time news feeds, Bloomberg terminals, machine learning tools, and a wealth of stock-market and industry-specific expertise at their disposoal, I can only wish you the best of luck.

What your advice to buy then ?

purch

padington wrote: »

Anyone know how to get a diverse exposure to the best up and coming tech companies ?

http://www.polarcapitaltechnologytrust.co.uk/default.aspx

N.B. Past perfermance etc etc blah blah blah :eek:

Generali

purch wrote: »

http://www.polarcapitaltechnologytrust.co.uk/default.aspx

N.B. Past perfermance etc etc blah blah blah :eek:

It's a great time to be selling this sort of crap because you're measuring your 3 and 5 year performance against the depths of 2010 and 2012.

They only charge 1 & 15! In the good old days we got 2 & 20 and wished we could have charged more.

x & y is a x% management fee charged on the whole of your investment plus a y% bonus based on making a profit for your clients. There is no evidence that high fee hedge funds will do anything other than destroy value over time after fees and taxes versus managed funds and index trackers.