Add in a tickle of overvaluation and then just lie your way to profits.
Itās also valid to pump (meme) stocks. 
Presume they just have to hope thereās enough truth in it so as not to invite a lawsuit. I donāt understand how they donāt all end up heavily fined or worse.
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In a temporary bear market, itās an inevitable challenge for an early-stage company that decided to go public with an extremely high valuation. Tom Slater had already voiced his concern when Ginkgo announced SPAC listing:
āWhen you look at whatās been happening recently and this aggressive pursuit of companies to move public through this Spac structure, the questions for me are when you get to public markets, are you ready for the environment youāre going to find yourself in?ā
āIf your share price drops 50%, what are you going to be talking about, how are you going to be explaining the business to peopleā¦and what is it thatās going to stop the business crumbling in that environment?ā
(BG) had a āvery frank conservationā with Jason Kelly, founder of Ginkgo, the [synthetic biology] business which SMT first invested in five years ago, about its decision to opt for a Spac listing and what it might mean for Kellyās ability to pursue his vision.
'We probably came down [on] a slightly different position on what we thought the ideal path forward was than he did, but I think the clear area of agreement wasā¦the aim should be to have that core of long-term owners in the register on a two- or three-year view. He had a clear idea how he wanted to get there and we were happy to back him in going down the route.ā
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Does anyone have some recommendations for ETFs or Funds to add to my portfolio that donāt overlap SMT?
I have my eyes on LSE:CHRY, LSE:GROW and LSE:IEM.
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SMT doing well recently.
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Banginā. My SIPP hit all time highs yesterday! 
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I was just explaining to my wife ā¦ Iām being a smart ass and trying to pick individual stocks - in the meantime SMT be like: āhold my 
ā 
However, Iām happy SMT is my 3rd top holding.
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Itās so conflicting. I want it to continue up but I want dips to add more!
Itās getting further and further from my support and resistance linesā¦ Not a bad problem to have. 
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I know the feeling, I try and pick my own stocks but SMT kicks every other stock I owns ass 
. Why do I bother? That said I do like picking some of the smaller SMT holdings and take larger positionsā¦$asml, $dna $lilm etc Iāve a feeling SMT & $bomn are going to be my largest positions long term 
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I would be interested to know peoples strategy for topping up.
I prefer to add on dips rather than just throw money in whenever, Iām currently using 50MA and 200MA on 4hr and 1 day charts to judge value. It seems SMT has just bounced off the 4hr 50MA.
Also keeping an eye on NAV to make sure Iām not paying too high a premium.
Currently, Iām not adding as Iām in the middle of the process of buying a house, but as of next year, my strategy will be a monthly DCA into SMT and MSCI ACWI pie (70:30). Long-term play, so a monthly volatility will not play a serious role.
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Step 1: Is it payday?
If āyesā proceed to step 2, if ānoā proceed to step 3.
Step 2: Top up.
Step 3: Donāt top up.
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Iāve consolidated my holdings over the past year and Iām doing something similar, but with a less ballsy split and using a Vanguard tracker.
That way you get the best of both passive and active for a relatively low ongoing cost. The more I learn about investing, the more I think a simple strategy is the best bet in the long run.
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Likewise. Iāll do the odd CFD trade here and there, and the odd swing trade on the investing side; however Iām consolidating my holdings into a 60/40 split between SMT and a S&P500 tracker. It takes the hassle out of things in a way.
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Thats a very US biased split there, about 82% in US companies, although fair enough some of them if not a lot would sell products globally.
Indeed. Itās just personal preference. I just find the US stocks and companies more interesting. Partially due to volatility and price action, partially due to my own interest in specific companies etc.
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And Chinese stocks, like BABA or BGCG trust?? Just kidding, itās too damned risky due to political issues.
I hold both of these! I still see BABA as pretty solid fundamentally. Also I do believe there are a lot of Chinese companies who will do well - and trust the crew at Baillie Gifford and their expertise!
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