Re: Market Cap Context
in response to
by
posted on
Jul 04, 2019 06:39PM
paladin - More than anything I think it tells us that Cruise and Aniston have hired conservative investment managers.
To your point though, when you talk to many presidents and CEO's of public companies they will tell you that retail investors can be a pain in the back side. Just reading some of the rants on this board will confirm that thought. Aside from the institutions that are reported in RVX company presentations there is likely a couple more companies and billionaires that are non-reporting shareholders that hold up to but not over 4.99% of the company.
Looking at Li Li for instance, as of today Forbes lists his net worth at $1.8 billion. That puts him at #1281 of billionaires world wide for 2019 and #99 for the China Rich List for 2018. He is only 55years old and has plenty of time to increase that NW. What % of Hepalink does he own? How many spots will he jump on the billionaire and China Rich List will he jump with good or great BoM results? With less than 10% of his NW invested, that same NW could increase from 2 to 10 times in the next couple of years with success of this new science. This is a great bet for Li Li to take, he gets it and has since shortly after hearing the story to start with. Ken Dart also gets it and did at an earlier time than Li Li but IMO has lost a bit of his conviction over the years. He hasn't sold his position, just not maintain it.
When you look at the profile of some of the really rich people on the planet and where they got big parts of their wealth from, new technology has played a big part. Bill Gates for example had no interest in the hardware which most people could not grasp. His interest was in what made that hardware do what was needed to be done. Here we are 40 to 50 years later with the prices of hardware continuing to decrease and the price of software continuing to increase. Big Blue and many many investors figured this out years later, the same as what will happen with the epigenetic science if we are able to deliver passing results in the months to come.
To golfyeti's point about using the investment community better, it's a massive challenge. Having listened to an unusually large number of pitches in the last 20 or so years it is easy now to see why most of the investment community doesn't get it and won't for a few years yet. The experts that they use for opinions are just as naive about the science as the analysts. Many of the brokers can't get behind it because their analysts aren't behind it, and the vicious circle continues.
For the retail investors that are now on board, which includes you if your reading this, congratulations...I hope, your in with the league of billionaires. We're just a couple of months away from going back to working even harder or enjoying the fruits of our investment prowess.
All IMO, dyodd
tada