To The Moon

SummaryPalantir will be reporting its Q2 results before markets open on Monday.Its revenue is estima

ETFs that could be deemed “complex” by regulators are growingAllocators navigate rout in everything from rates to stocksTraders are splurging billions of dollars on “complex” ETFs to ride out the crus

Post-War UK PMs with the Shortest TenuresAs resignations from Boris Johnson's government topped 50 on Thursday, UK media is reporting that the UK prime minister has agreed to step down later today. High-level resignations by health secretary Sajid Javid and chancellor Rishi Sunak kicked the crisis into gear Tuesday, which is now expected to end Johnson's controversy-blighted leadership of the United Kingdom and the Conservative Party.It's not just senior figures within government saying enough is enough, either. A recent change in tone from the media outlets previously steadfastly supporting the prime minister (e.g. the Daily Mail) represented another major alarm bell. Tuesday night, even a majority of Conservative voters in a YouGov snap poll said it's time for Johnson to go.He has vowed

Many young, fast-growing companies have managed to list on the stock market in recent years. What used to be exclusive to venture capitalists have now been tradable by retail investors.But investors are not used to analyzing such companies - they are making losses and popular price metrics like PE ratio are unusable. I would even say that any price-based metric would be less useful as loss-making companies often hold a large cash pile after rounds of fund raising.This cash pile is worth something and price-based metrics only consider market capitalization without the cash.Enterprise Value would be a better measurement as it is calculated by deducting cash from the market capitalization and adding any debt the company owe.Debt is often non-existent in loss-making companies because no bank w

SummaryMake no mistake, Tesla is a phenomenal company that has accomplished the unthinkable as it broke through extreme barriers of entry to disrupt the auto industry.Just because Tesla is a successfu

SummaryMake no mistake, Tesla is a phenomenal company that has accomplished the unthinkable as it broke through extreme barriers of entry to disrupt the auto industry.Just because Tesla is a successfu

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