By complete coincidence I bought 10 shares of IPOC (now Clover Health) one of Chamath Palihapitiya SPAC mergers.
Preface: I’m new investor - about a year under my belt.
Explanation:
I watch/listen to the halftime report on CNBC almost a daily basis when I have time to eat lunch - yeah yeah I know, by the time “news” hits the mainstream it’s already too late. However, by chance I was watching it live the day IPOC went public and they were interviewing Chamath about it. I really liked his perspective and his enthusiasm for investing in a “brighter tomorrow”. Over the last 8 months my respect and admiration for Chamath has only grown more enthusiastic.
I did some research about him and what a SPAC was - had no idea prior. It was $10/share so I said wth and bought 10 shares.
Fast forward 8 months I found out they had selected a company to take public. Did more research and was excited about their investment in healthcare tech to bring down the cost of medicare. While I don’t know a lot about this sector, I do know the aging population will continue to look at solutions for more affordable healthcare.
Bought another 50 shares at $16 a week before the conversion to CLOVH.
I don’t regret my decision to invest. However, I wonder if I missed the SoFi SPAC because I was so focused on IPOC.
I plan to invest in Sofi because I believe in it and I think Chamath is a safe bet. Ofc there is a lot more to consider when buying securities- these are initial thoughts.
I’ve seen some posts about SoFi but looking for a deeper discussion.
Thoughts?
Want to see the real deal?
More inside scoop? View in App
More inside scoop? View in App
blind
SUPPORT
FOLLOW US
DOWNLOAD THE APP:
FOLLOWING
Industries
Job Groups
- Software Engineering
- Product Management
- Information Technology
- Data Science & Analytics
- Management Consulting
- Hardware Engineering
- Design
- Sales
- Security
- Investment Banking & Sell Side
- Marketing
- Private Equity & Buy Side
- Corporate Finance
- Supply Chain
- Business Development
- Human Resources
- Operations
- Legal
- Admin
- Customer Service
- Communications
Return to Office
Work From Home
COVID-19
Layoffs
Investments & Money
Work Visa
Housing
Referrals
Job Openings
Startups
Office Life
Mental Health
HR Issues
Blockchain & Crypto
Fitness & Nutrition
Travel
Health Care & Insurance
Tax
Hobbies & Entertainment
Working Parents
Food & Dining
IPO
Side Jobs
Show more
SUPPORT
FOLLOW US
DOWNLOAD THE APP:
comments
A rising tide elevates everyone. Now, more so than ever we need to be wary of who to take advice from. Everyone has become a stock guru!
I still think building a diversified portfolio is a low risk high reward. but to each his own
Hope it helps
This comment was deleted by original commenter.