Michael Thorburn's posts

Forever young! Jeff Bezos funds biotech age reversal start-up

Forever young! Jeff Bezos funds biotech age reversal start-up

Private company Altos Labs is reportedly backed by Billionaires Jeff Bezos and Yuri Milner. Altos Labs utilizes biological reprogramming technology to rejuvenate cells in the lab on a mission to prolong human life. Discovering the elixir of life to look and feel young...

What is NAV?

What is NAV?

NAV stands for ‘Net Asset Value,’ and it refers to the value of investment accounts or mutual funds. Consider an investment company with assets worth $100m and liabilities of $10m. Its NAV is $90 million. It is a useful ‘at a glance’ metric to determine the value of...

Will a market crash follow the latest crypto crash?

Will a market crash follow the latest crypto crash?

Bitcoin, Ethereum, and other cryptocurrencies are slipping once again. But elsewhere in the capital markets, concerns are rising that a crash or correction could be imminent. September is always a slow month for stocks and crypto, so is it all a fuss about nothing or...

Uranium price explosion: Is it too late to invest?

Uranium price explosion: Is it too late to invest?

The price of Uranium has skyrocketed this past week. So, can the uranium price keep climbing? Uranium near term spot price chart - one year - Source: FactSet Reddit traders on WallStreetBets say Yes. In fact, if this nicely illustrated chart is believed, we are...

What is EPS?

What is EPS?

EPS stands for earnings per share. It is a financial ratio relating the earnings generated by the business to the number of shares in issue. The EPS refers to earnings generated during a specific time frame. EPS is one of the most commonly used ways to gauge the...

Samsara IPO: what you need to know

Samsara IPO: what you need to know

Cloud-managed networking leader Samsara is planning an initial public offering (IPO). Last week, the company submitted a brief press release notifying the public of its confidential IPO filing with the SEC. When will Samsara go public? Samsara’s press release...

What is a Confidential IPO filing?

What is a Confidential IPO filing?

When a private company files to go public, they submit an S-1 form to the Securities and Exchange Commission (SEC). In 2012 the US JOBS Act gave emerging growth companies (under $1bn in revenue) the option to file details of their pending IPO privately. In 2017 this...

What is compound interest?

What is compound interest?

Compound interest is the interest earned on interest. It refers to savings in a bank account, interest on investments, and interest on a loan. Compound interest is the holy grail of investing because over time it can exponentially grow your wealth. But the opposite is...

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