Right now all the talk is about big tech IPOs – particularly with Alibaba Group Holding Ltd (NYSE:BABA) completing the biggest IPO ever and companies like Uber moving towards $40 billion valuations.
Warren Buffett says that in business, the rear-view mirror is always clearer than the windshield. To this point, we would have to agree: even though it may feel like this time it is different, there may be something unexpected hidden that clouds our collective judgement. We may have another tech bubble on our hands.
Voss Capital's flagship long/short equity strategy, the Voss Value Fund, returned 23.3% to investors net of fees and expenses in the first quarter of 2021. Q1 2021 hedge fund letters, conferences and more According to a copy of the firm's first-quarter investor letter, which ValueWalk has been able to review, the Texas-based asset manager's gross Read More
Big Tech IPOs: Another Bubble?
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