Morningstar Moments: 3 Things You May Have Missed
The second-largest cryptocurrency, Airbnb, and Christine Benz's portfolio were this week's hot topics.
The second-largest cryptocurrency, Airbnb, and Christine Benz's portfolio were this week's hot topics.
Here are the major market moments our analysts have been talking about.
1. A Word to the Wise: Ethereum
https://twitter.com/AmyCArnott1/status/1414960565651398663
All investors know bitcoin--but have you heard of Ethereum? Also known as ether, it is the second-largest cryptocurrency, is extremely volatile, and could transform the financial landscape. Amy C. Arnott tells us everything we need to know about this high-risk investment asset.
2. Airbnb is Raising the Roof--and the Market
https://twitter.com/MstarMarkets/status/1414932881147842562
Airbnb stands out in the travel industry for a couple of reasons: its unique communal culture and a seemingly positive impact from the pandemic. Dan Wasiolek notes that hotel demand remained strong and will make a comeback as more people book rooms in mass travel destinations. Read his full analysis to find out why he thinks the stock is overvalued.
3. Christine Takes a Harder Look at Her 'Too Hard' Pile
https://twitter.com/christine_benz/status/1415658584550121477
Charlie Munger defines the “too hard” pile as investments that are not worth the time and effort because they fall outside of Berkshire Hathaway team’s circle of competence. Every investor has a “too hard” pile--even Christine Benz. She reflects on her own investments to emphasize what investments are “worth it.”