The Press Release headline says: CME Group Signs 10-Year Partnership with Google Cloud to Transform Global Derivatives Markets Through Cloud Adoption The sub headline says: Google also makes $1B equity investment in CME Group CME is a behemoth in derivatives, ranked 10 by market cap in Fintech50Index, but legacy finance does not have a good…
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1 million trades with an aggregrate profit of $1 million? 1 single trade with a profit of $1 million? For the Follower Investor who is paying a % of the profit, it does NOT matter, but many great investors – such as Warren Buffet – made a LOT of money with a very small number…
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The idea – like most disruption – is simple. You follow somebody’s trades and give them a share of the profits. This enables a new breed of fund managers to invest first then gather assets later, which is the exact opposite of how it works today. Today a fund manager startup first gathers assets from limited partner investors…
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In ye olden days, equity investors could pay cursory attention if any to the balance sheet, focussing attention on more exciting stuff like growth and market opportunity. However, two inconvenient truths today mean that equity investors need to pay attention to the boring old balance sheet: Many companies funded the lack of revenue caused by…
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When the first wave of Fintech got rolling after the 2008 financial crisis, the idea of taking on the financial establishment was only a gleam in the eye of the wildest futurists. One Bitcoin was worth small fractions of a US dollar and reaching parity was a massive future milestone that few thought would happen.…
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Fintech 50 Index is 50 publicly traded Fintech stocks ranked by market cap and has been incubated within Daily Fintech, the leading site for Fintech, Crypto and Insurtech trends & analysis. Robinhood went for a traditional IPO (Initial Public Offering) vs the DPO (Direct Public Offering) chosen by Coinbase in their 14 April public stock…
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Today is 3 months from when Coinbase went public and we released the first version of our Fintech 50 Index. The most controversial entry in our Fintech 50 Index was Goldman Sachs (GS) which we classed as Fintech because Goldman Sachs is a Fin that is so smart about Tech that they are almost Fintech. I…
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Part 1 (8 June), part 2 (15 June), part 3 (22 June). The short answer is yes, with the help (of course) of new technology. People investing for the long term (eg parents on behalf of new born babies or people who are decades away from retirement) need decisions that are Simple, Sensible, Set &…
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Part 1 (8 June), part 2 (15 June), part 4 (29 June). If you give cash in the form of equity to a new born baby and lock that capital away for a long time, when that person receives the capital they will learn the power of compounding. Wealthy families already do this. What about poor…
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Part 1 (8 June), part 3 (22 June), part 4 (29 June). I could be accused or being optimistic to the point of naivety but I draw hope from 5 things that are at least moving in the right direction of democratising Wall Street. – price/fees competition. Funds that sell high cost active alpha have to…
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