DXYZ: Major Crash Incoming [WARNING]
Listen now
Description
Destiny Tech 100 is a closed-end fund of private companies that recently became available to the public via DXYZ stock. The problem? Shares are massively overvalued at a premium of over 2,000% to net asset value (NAV) at the time of recording. DXYZ promises investors exposure to exciting startups like SpaceX or Stripe. However, the valuation means we wouldn't touch this fund with someone else's 10-foot pole. In fact, most venture capital funds actually trade at a discount to NAV, not a premium. We'll explore some other alternatives if you're looking to get SpaceX exposure at a more reasonable price. Stay informed with our free disruptive technology investing newsletter, Nanalyze Weekly. Sign up now at https://www.nanalyze.com/nanalyze-weekly/. This episode is pulled from a YouTube presentation. View the original presentation at https://youtu.be/wUOE8zlMrIU.
More Episodes
UBTech may be the only publicly traded pure-play humanoid robot stock out there currently. Sure, there's Tesla with their Optimus robot, but they're hardly a pure-play. UBTech operates in four industries: education, consumer, smart appliances, and sector-tailored smart robotic solutions. We're...
Published 06/13/24
MO stock has been rising in popularity lately due to their juicy 8% dividend yield. Since part of our strategy here at Nanalyze inlcudes dividend growth investing, our subscribers have asked us to take a look at Altria stock and share our thoughts. One thing we've learned about high dividend...
Published 06/10/24
Published 06/10/24