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The pitfalls of index funds, Alphabet's meteoric rise, and Pilane Capital's deal flow
The London start-up scene has led to the beginning of investor interest in Pilane Capital. Surely it's plain sailing from here.
Here’s what I’d like to share this week:
I’m on vacation this week but I still find time to tweet. Or is it X?
Are you a massive fan of index funds like me? They reduce fees and can get you exposure to an entire sector or the entire market in one transaction. Doug Kramer from Neuberger Berman provides an interesting perspective on indexation changes over the years and how it influences investor opportunities. Here he explains things from the podcast transcript and here he is on the podcast.
Last week I shared second quarter results mentioning that Alphabet was still under water since its inclusion into the Pilane Capital portfolio. Results this past week beat expectations and led to an 8.98% rise for the stock over the previous 5 days.
Speaking of Pilane Capital I’ve begun reaching out to the VC/family office community and have had mixed success. My diary has been filled with 30-minute calls and investor interest; momentum is building. If you’re an investor in start-up funds/separately managed accounts or would like to find out more, reach out on LinkedIn or via this confidential contact form.
Since vacationing, I’ve been worried about my tomato plants. As anyone who has ever grown tomatoes at home knows, they are in need of constant care, especially if you have a lot of plants like I do. I just can’t seem to let gardening go, even when I’m halfway around the world.
P.S. I love the way New York does hash browns and omelets. And coffee. And Broadway shows. You get the picture (below).