Search Results for: stock

When Merida Capital Partners Managing Partner, Mitch Baruchowitz, recruited Daisy Mellet to join the team, Merida Capital had team members and Assets Under Management (AUM) of $7 Million. Within 14 months of Mellet’s hiring, Baruchowitz, Mellet, and the Merida team grew the firm to more than $125 million AUM, quadrupled its number of employees. Merida is now considered to be the largest private equity fund focused on cannabis and is launching a third fund to raise an additional $200 million for investment in the cannabis industry. That huge growth required a highly organized and professional infrastructure. Mellet’s…

Stock prices were up modestly in the morning, drifted down in the afternoon but rallied in the last hour, leaving the major indexes with small gains on the day. The S&P 500 index is down roughly five percent so far in May. The technology sector was quiet today. Netflix had a gain of 0.76 percent while Amazon.com declined 0.16 percent. Software-maker salesforce.com was up 1.81 percent but chipmaker NVIDIA Corp. fell 0.88 percent. Eight of thirteen tech stocks on the index were up today. Dollar Tree Inc. had the biggest gain on the Entrepreneur Index™, rising 3.14 percent after reporting…

Losing money in the stock market can cost you your life, and I’m not just talking about the old cliché of people jumping out of skyscraper windows when markets crash. In fact, people with as little as 10 percent of their wealth in the stock market who experience a 10 percent loss stand an increased risk of dying early or suffering health problems such as high blood pressure and depression. That’s according to a study published in the American Economic Journal, which looked at booms and busts in the U.S. stock market between…

It’s fundamental, the raison d’être, the very purpose of running a business: profit. But you don’t need to look very far to see companies securing massive investments while losing billions. Some are even raising further investment despite previous rounds yet to bear any returns. So why is there such an insatiable appetite to invest in unprofitable companies? Misdirection metrics Companies that have a massive user base/revenue/other impressive sounding metric, but don’t make any money, make me skeptical when it comes to investing. There’s good reason: revenue is vanity; profit is sanity. While it’s true…