Do We DiDi?
This week give our thoughts on DiDi's S-1, talk investor expectations, and link to a deep-dive of Facebook's business.
Dear Clients and Friends of Farrer Wealth Advisors, we are pleased to bring you the Farrer Wealth Biweekly Blast, which includes our latest blog posts, fun facts, and general articles we find interesting. Happy reading and happy investing!
Latest Blog Post
Do we Didi? China’s ride-hailing giant went public this week, and after our commentary on Grab’s merger and Ant Financials failed filing, we were excited to dig through this one. However the S-1 left us with more questions than answers, and in our latest blog post we pose our doubts, thoughts, and musings. Click here to read it. (written before cybersecurity review news).
Farrer Fun Fact
Great Expectations: Natixis published this delightful survey about investor expectations of returns vs. financial professionals expectations in various countries. The differences in expectations are stark and financial professionals have our work cut out for us. You can explore the map for your own country here. Its pretty extreme all around, but the South Americans are a particularly optimistic bunch.
Articles and Videos of the Week
As soon as you’re done reading our weekly blog post, stop what you’re doing and listen to this podcast. Its a deep dive of Facebook’s business model, and it is epic. If you own even one Facebook share or have thought of ever owning one, you must listen (or read the transcript).
This Twitter thread on the history of Sriracha hot sauce and the story of its founder is really inspiring
Matthew Ball released his primer on the Metaverse - so if you were ever wondering what the heck it is - this is a great place to start.
Seriously - read #1
With markets hitting all-time highs, and hesitancy to invest sets in, look to the greats. In this video, the powerful Peter Lynch, talks about how to invest in stock prices that are at all time highs.