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Kobe Bryant, the late NBA legend, was not just a basketball player.
One of his big investments paid off big time. In 2014, Bryant purchased 10% of BodyArmor, a Gatorade competitor, for $6 million.
Last week, $Coca-Cola (KO.US)$ announced it acquired full ownership of BodyArmor, paying $5.6 billion in cash, valuing BodyArmor around $8 billion. The company had purchased a minority stake in 2018.
With that valuation, Bryant's 10% investment is estimated to be worth around $800 million today. That puts his returns from $6 million to $800 million around a 13,222% gain in less than eight years.
He still amazed us after he left.
Mamba Forever!
One of his big investments paid off big time. In 2014, Bryant purchased 10% of BodyArmor, a Gatorade competitor, for $6 million.
Last week, $Coca-Cola (KO.US)$ announced it acquired full ownership of BodyArmor, paying $5.6 billion in cash, valuing BodyArmor around $8 billion. The company had purchased a minority stake in 2018.
With that valuation, Bryant's 10% investment is estimated to be worth around $800 million today. That puts his returns from $6 million to $800 million around a 13,222% gain in less than eight years.
He still amazed us after he left.
Mamba Forever!
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Columns Market Temperature (10/21)
The fear and greed index was developed by CNNMoney to measure two of the primary emotions that influence how much investors are willing to pay for stocks.
The fear and greed index is measured on a daily, weekly, monthly, and yearly basis. In theory, the index can be used to gauge whether the stock market is fairly priced. This is based on the logic that excessive fear tends to drive down share prices, and too much greed tends to have the opposite effect.
Be fearful when others are greedy. Be greedy when others are fearful.
---Warren Buffett
Fear & Greed Index
What emotion is driving the market?
Market Momentum: Greed
The S&P 500 is 4.57% above its 125-day average. This is further above the average than has been typical during the last two years and indicates greed on the part of investors.
Last changed Oct 19 from a Neutral rating.
Market Volatility: Neutral
The CBOE Volatility Index (VIX) is at 15.49. This is a neutral reading and indicates that market risks appear low.
Last changed Oct 4 from an Extreme Fear rating.
Put and Call Options: Greed
During the last five trading days, volume in put options has lagged volume in call options by 58.40% as investors make bullish bets in their portfolios. However, this among the lowest levels of put buying seen during the last two years, indicating greed on the part of investors.
Last changed Oct 18 from a Fear rating.
Soruce: CNNmoney
$S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Meta Platforms (FB.US)$ $Tesla (TSLA.US)$ $PayPal (PYPL.US)$
The fear and greed index is measured on a daily, weekly, monthly, and yearly basis. In theory, the index can be used to gauge whether the stock market is fairly priced. This is based on the logic that excessive fear tends to drive down share prices, and too much greed tends to have the opposite effect.
Be fearful when others are greedy. Be greedy when others are fearful.
---Warren Buffett
Fear & Greed Index
What emotion is driving the market?
Market Momentum: Greed
The S&P 500 is 4.57% above its 125-day average. This is further above the average than has been typical during the last two years and indicates greed on the part of investors.
Last changed Oct 19 from a Neutral rating.
Market Volatility: Neutral
The CBOE Volatility Index (VIX) is at 15.49. This is a neutral reading and indicates that market risks appear low.
Last changed Oct 4 from an Extreme Fear rating.
Put and Call Options: Greed
During the last five trading days, volume in put options has lagged volume in call options by 58.40% as investors make bullish bets in their portfolios. However, this among the lowest levels of put buying seen during the last two years, indicating greed on the part of investors.
Last changed Oct 18 from a Fear rating.
Soruce: CNNmoney
$S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Meta Platforms (FB.US)$ $Tesla (TSLA.US)$ $PayPal (PYPL.US)$
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By Melody
How do I know if a stock is 'cheap' or 'expensive'?
Is it the amount I have to pay to buy a share of the stock?
If it is simple as that, then what does it mean when someone is saying a certain penny stock is expensive?
To solve these questions, we have to learn to perform valuation analysis on stocks.
By performing valuation analysis on stocks, we will be able to know if the stock is currently undervalued or overvalued using our valuation as a benchmark....
How do I know if a stock is 'cheap' or 'expensive'?
Is it the amount I have to pay to buy a share of the stock?
If it is simple as that, then what does it mean when someone is saying a certain penny stock is expensive?
To solve these questions, we have to learn to perform valuation analysis on stocks.
By performing valuation analysis on stocks, we will be able to know if the stock is currently undervalued or overvalued using our valuation as a benchmark....
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