Good evening Eoin I remember that you highlighted the IPO ETF USA - great performance! would you think that the IPO activity in the USA will continue into 2021 - I think about an initial first tranche investment into this ETF.
2020 has been the year of the blank cheque company or SPAC (special purpose acquisition company. The wall of cash thrown at global markets was a tsunami that raised all boats. That afforded entrepreneurs the opportunity to offload illiquid positions in private companies at record valuations. The same trend allowed Tesla to raise more capital in 2020 than in all other years combined even as its stock zoomed higher. It also allowed Apple’s stock to double to a market cap in excess of $2 trillion.Click HERE to subscribe to Fuller Treacy Money Back to top