Member Info for MrAmericano

Billionaire investor Ron Baron told CNBC on Friday that he expects SpaceX to IPO its Starlink satellite internet service “in 2027 or so.”

“We think that by the time they go public with SpaceX, with Starlink … in 2027 or so, four years, the company will be worth $250 billion to $300 billion,”

Hi there Mr Nimrod

Purchasing some SMT shares at a current steep discount maybe a great long term growth strategy, however you equally need to have an exit plan for them.i.e. when to sell. That's one of the (hard) lessons I have taken away from this particular Investment Trust.

Thanks Ubik_fresh

Hi All

We get dividends soon from SMT, but how much? £1.60 to the share price, or 1.6%? Thank you.

Dear Walp

That's the problem in my opinion. As you say, too much short termism. People want instant gratification. As interest rates and inflation recede, I believe that SMT will put on its running shoes and be back on the race track. Let's hope so anyway.

Dear Walp

We don't need to worry anymore. We have the best fund managers in the business at the helm. Investing in amazing companies that generate great returns...in 10-20 years time..

LordLL

Misty's tail is most definitely wagging, although that maybe due to the rustle of a treat coming her way!

Dear All

The half-year SMT report makes very interesting reading, such that I must confess that I really don't have a clue as to what I have invested inti. Some of the names I have heard of, but many I haven't the foggiest as to what they do. Serves me right for not researching more in depth. On the positive side, Misty is now learning to read financial jargon, so that she can make more informed investment decisions than I! A tail wag is a buy, a motionless tail is a stay well away.

Good luck to you all.

SteepleJack

That's because LB still believes all is fine with MRNA long term, he stated this last week in the Q&As webinar.

Good Afternoon everyone

For your interest or not, there is an Index called FTSE All-Share Closed Fund Index, of which tracks the performance of closed end ITs..SMT being the largest constituent

This was new to me, and may or not be of use to anyone, but it should allow you to track the investment trust sector against the broader market(s).

Have.a great weekend!

Not to gatecrash the conversation, but I would like to add that an IPO for Northvolt is imminent, and Star Link, a subsidiary of Space X has been hinting at an IPO. Considering how X is now valued at less than 50% of what Musk paid, and that Tesla is struggling, I would not be surprised to see a Starlink IPO in 2025. This is why I hold SMT, for it's private company exposure. If you want the mega caps, then a decent technology or NASDAQ tracker will suffice, at over half the OCF of Polar Capital, even an S&P 500 Tracker, which is nearly 30% megacap.

Hi Tambo

Yes, I have just seen the results for MRNA...I can see it really falling hard. BG are the 3rd biggest institutional share holders of MRNA from what I can deduce.

LordLL

Her name is Misty, but I am fond of 'Winalot', and will bare that in mind for the future!

Hi Tambo210

Again, I absolutely concur with your perception of the Webinar. LB seems to be a tad camera shy, and really does not inspire any confidence. Slater on the other hand, is calm, very cool and almost Vulcan-like. I asked the question regarding Moderna, and I don't think that the answer LB gave was satisfactory. I believe that Moderna has earnings today and I will be interested in the results. My guess is that SMT were topping up on this when it was $200-300 per share back in 2021. As I previously mentioned to TheFrogster, I think that I am done with buying more Smt Shares for now and I heed the advice of LordLL given a week or so ago, concerning too big an exposure to SMT, which Is currently 30%. I am currently debating whether to start drip feeding into JP Morgan Global Growth and Income invest Trust alongside an S&P 500 tracker. Thanks for the comment, it's good to learn from experienced investors Good luck everyone one.

Hi TheFrogster

Thanks for your input, I agree with you, which is as good an analysis of what was (or indeed wasn't) said. I am probably going to leave buying more Scottish Mortgage shares for the foreseeable future as it's currently 30% of my Portfolio (which is only modest in value), and admittedly I am 12% in the red with said shares . But I won't be selling, as I hope that they will ripen in 5-10 years and bare fruits. If not, well that's investing for you. Maybe my terrier will choose the weekend lottery numbers correctly with his wagging 'financial indicator' tail. Good luck to you all!

Hi everyone

After listening to the webinar, how do investors feel about the future prospects of Scottish Mortgage, say in the medium term? Did it inspire confidence in you to purchase more shares at a discount? I actually thought that Tom Slater gave a good account of himself. He's very unemotional and cool-headed and insists that the fund is performing as it should in the context of today's geopolitics, high inflation rates etc. I would be interested in what other investors views and perspectives on this are? Thank you all and have a great afternoon.

Hi Frogster

Thank you for the offer. I received the link this afternoon by way of Email. I will most certainly be listening in to this. Exciting!

Is anyone dialling into this tomorrow?

LordLL

I do believe that 'gut' instinct can help..maybe intuition is the edge that some investors have and are able to take advantage of that. I unfortunately don't have that 'edge' so I have to rely on market inefficiency and lady luck! I do at least review my SMT holding regularly though. Good luck to you all!

LordLL

That's why imo, dollar-cost averaging is still the best long term strategy, when it comes to investing in mutual funds, index funds, ITs etc. Many investors think that they have an 'edge' but actually have as much accuracy for market timing as my pet Terriers poops.