By Kuldip K. Ambastha On Wednesday, August 3, 2022, the stock price of SoFi Technologies, Inc. (SOFI), an American online personal finance company, rose by a sharp +28.4% per share for the trading day. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of October 11-15, 2021; By Kuldip …
Continue reading “What Caught Our Attention in the Investment World? – Week of August 1-5, 2022”
By Kuldip K. Ambastha Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas. (Paul Samuelson; https://www.investopedia.com/financial-edge/0511/the-top-17-investing-quotes-of-all-time.aspx) Investing is not gambling. Be thoughtful. Do research before entering into new positions and also before closing out existing positions. Think long-term, not short-term. For …
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By Kuldip K. Ambastha During the past trading week, inflation was seen as a key concern of investors all over the world. In the USA, the January 2022 Consumer Price Index (CPI) report disclosed a massive annualized inflation rate of 7.5%, the highest reading seen since 1982. For a variety of perspectives on inflation from …
Continue reading “Special Update on Inflation – Week of February 7-11, 2022”
By Kuldip K. Ambastha In this past trading week, Sweetgreen Inc. (SG), a fast-casual restaurant chain, was revealed to be going public via an initial public offering (IPO) on the New York Stock Exchange (NYSE). This IPO was announced in a Form S-1 document filed with the U.S. Securities and Exchange Commission (SEC), stating that …
Continue reading “What Caught Our Attention in the Investment World? – Week of October 25-29, 2021”
By Kuldip K. Ambastha On Monday, October 11, 2021, the stock of SoFi Technologies, Inc. (SOFI), an American online personal finance company, rose by +13.4% for the trading day. The company has a strong set of offerings across student loan refinancing, credit cards, investing, banking, and other units. The SoFi online platform is accessible both …
Continue reading “What Caught Our Attention in the Investment World? – Week of October 11-15, 2021”
By Kuldip K. Ambastha On Thursday, December 17, 2020, Rite Aid Corporation (RAD) had a +17.4% gain per share for the day. The corporation, best known for its retail drugstore chain operations, beat its quarterly adjusted earnings and revenues expectations, and also raised its full year outlook to expect positive earnings instead of a potential …
Continue reading “What Caught Our Attention in the Investment World? – Week of December 14-18, 2020”
By Kuldip K. Ambastha It is always easy to assume either that things today are not as good as they were in the past or that they aren’t going to be as good in the future. The first is irrelevant, and the second is usually not a good bet. Mankind is pretty amazing at doing …
Continue reading “On Pessimists and Optimists”
By Kuldip K. Ambastha and Anil K. Ambastha Nearly every time I strayed from the herd, I’ve made a lot of money. Wandering away from the action is the way to find the new action. (Jim Rogers; https://www.goodreads.com/quotes/tag/wall-street) I will tell you the secret to getting rich on Wall Street. You try to be greedy …
Continue reading “On Being Contrarian and Astute”
Ambastha Financial LLC is a Registered Investment Advisor (RIA). We primarily create diversified, stock-based portfolios, with some mutual funds / exchange-traded funds (as needed) plus selected options to create extra income (as appropriate). Stock-based portfolios are customized for your goals, objectives, and risk attitudes. We collect such information via a questionnaire plus oral conversations with …
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