$Grab Holdings (GRAB.US)$ Its quarterly losses, particularly during a turbulent pandemic time, when various branches of the business are going up and down in tandem with national restrictions, are not a worry.
Nor was its 20 per cent tumble on the launch day of the IPO. As Grab co-founder Anthony Tan presciently quipped after the bell rang: “The stock will go up and it will go down” — as he saw his personal wealth enter and depart billionaire territory within a few hours.
But that wasn’t the point of the IPO. The point was to raise another US$4.5 billion to continue fuelling Grab’s growth in the next few years, in the hopes of more financial stability after 2023.
$Sea (SE.US)$ , for example, traded below its IPO price for a year after its debut in 2017 at just US$15. This year, they peaked at over US$350, despite the fact that its Shopee platform keeps bleeding money.
Even after sliding to US$260, analysts retain forecast of close to US$400 — 26 times of what the company was worth four years ago.
The company started as a taxi hailing app, creeping up to become an Uber competitor, later moving into food delivery only to see this business explode and dwarf the mobility branch amidst the pandemic lockdowns.
The birth of GrabMart and grocery deliveries — with GrabFinance wrapped around all of these — offers another layer of digital finance services, allowing Grab to become a superapp people will use for far more than just moving from point A to B.
Just like how $Amazon (AMZN.US)$ started with selling books, before it became the world’s largest e-commerce retailer, cloud service provider and, recently, a full-on entertainment outfit making multibillion dollar shows (like the latest take on the Tolkien’s saga), companies like Grab are seen for the opportunities access to millions of willing buyers gives them, not their current operations.
A dollar spent (even a borrowed one) on growth into new markets and new services, gives a promise of a future return far outweighing the current expenses.

$Coinbase (COIN.US)$ Oh boy here comes the gloom and doom...we told ya'll that crypto was trash, it won't end well will it? Note Coin dropped to it's 52 week low in the third quarter, something like $208....it's still above $300. Previous year earnings were what 23 cents? Now they are 1.62 per share, and estimates averaged 1.43...oh i'm shocked and appalled....also note BTC bottomed at about 41K in the third quarter, today its at 67k. Wonder what 4th quarter is going to look like...i think me and Cathie will be buying tomorrow.

$Coinbase (COIN.US)$ the 13% drop after a slightly poor quarter which should be expected (Jul~Sep)anyway?
everyone forgot that the recent run up is because $Bitcoin (BTC.CC)$ started rallying in oct till now? which is a 4th Q result…

$Apple (AAPL.US)$In 2006, I was in my senior year of high school and finally got my own mobile phone, a certain black and white Nokia model, which was probably already out of production at that time and was passed on to me by my mother. Not much else changed, still listening to 128m mp3s, still liking that girl from the humanities class. That year, I finally saved enough money to buy a CD player, but I no longer wanted to buy a CD player. Several people in my grade had iPods, holding them, wearing earphones, nodding and humming along, which was a trend at that time. And this trend was hard for her to resist, after all, it was the most popular and powerful music device at the time.
I took out all my savings and bought a 30G iPod classic at the Beijing Electronic Zone High-Tech Group in the village. At that time, apple stores were everywhere in the village. I packed the device and accessories in a large mooncake box, took out the mooncakes inside and finished them, then closed the box and secretly placed it under her desk on a dark and windy night. The next day was her 18th birthday.
In 2007, I entered my freshman year of college. During the summer vacation of my senior year of high school, a close aunt from our family gave me an 8G iPod nano as a gift for getting into college. I had long forgotten which generation it was, but I was happy for a long time because I finally had my own iPod. That year, Nokia was leading the way in the mobile phone industry. My dad gave me the most sought-after machine, the Nokia N73. And so, with the N73 in my left hand and the iPod in my right, I proudly arrived in Chengdu. I heard that in the USA, many people were lining up to buy a new apple phone called the iPhone, and at that time, I didn't understand people's behavior - apple makes mp3 players and phones? Can apple phones be reliable? I looked at my N73 with a sneer. In today's terms, it's called showing off, perhaps.
In 2008, I was a sophomore. My best buddy changed his phone, also given by his parents not because it was old, but because they didn't know how to use it. The phone was called the iPhone 3G. By then, I had also changed my phone, as the indestructible N73 had been damaged by me. I chose another Nokia flagship, the N95, still listening to the same old iPod nano, which was already covered in scars. Playing with my buddy's iPhone, I thought, this thing is really handy. I had seen touch screen phones before, but never one this smooth and comfortable to use, that's what they call user experience, isn't it?
In 2009, I was a senior. I fell for a cute and sweet microelectronics girl. That year, my nano passed away, and that year I began to invest in stocks. I used the money earned from stocks to buy an iPod touch, which was still considered a rare item at the time. I couldn't put it down, even though the main function was still to listen to music. It was still filled with popular songs, and music for me was still the background for sleeping and traveling, and I still didn't have the ability to appreciate music. It seems that this thing is just talent, can't be forced.