Back in the late 90s we had over 8000 listed companies, now its down to around 4000. Happened cuz regulations went nuts after Sarbanes-Oxley, small companies cant afford all the compliance crap.
Private money is everywhere too, VCs and PE sitting on piles of cash so good startups just stay private forever. Big corps also scoop up the small public ones faster than new ones list.
Now the huge growth happens behind closed doors. OpenAI talking raises that could hit 800B+ valuation, zero public shares. SpaceX already at 800B private. Same with Anthropic pushing 350B, Databricks 134B, all locked up.
NVDA went public in 99 and retail could grab it dirt cheap, ride the whole way up. That doesnt happen anymore, the 100x part is private now.
So hows retail supposed to get any edge these days? Secondary platforms, small cap hunting, venture funds if youre rich enough? Or we just stuck buying winners after they already 50xd private?
What strategies you actually using? Serious answers only, skip the bitcoin jokes pls.
US public companies got halved since the 90s and retail cant catch the next NVDA early anymore
byu/vincentsigmafreeman inStockMarket
Posted by vincentsigmafreeman
7 Comments
You blame sarbox but not enron or arthur andersen?
We have to have these regulations because within less than a decade business leaders prove they will scam you.
Damn. This shit has happened several times IN LIVING MEMORY and people are just begging to get screwed again in the stock market.
Look, mate
Take a break from thinking you have it figured out, having it figured out isn’t your strong suit.
NVDA 20x since COVID which was less than 6 years ago and you think the growth is locked away from retail?? FYI the us public stock market still outperforms all but the best private funds too. It’s a Machine.
VRT, I [bought in 2020](https://www.reddit.com/r/stocks/s/oU6ObeXb8R)
I’m doing pretty well, I think a bad portfolio might be more of a you problem than a market problem.
RKLB ipo price at 11 and went as low 3.xx
PLTR was at 5.92.
Hood 6.81.
Asts 1.97.
I don’t get what the complaint is.
Go look at a ten year chart of FANG. Massive gains an available to retail in hindsight. At the time I remember many people saying tech was over valued then and the money had already been made.
Also you’re missing all the VC failures. For each OpenAI or SpaceX there are ten companies you never will hear of that incinerated billions in private investment dollars.
I bought ASTS in the $2s (and 3s, 4s, 5s) and it touched $100 not too long ago, maybe not a 100x but a 50x in ~16 month time that most institutions were more or less locked out of due to the extreme volatility and bordering on bankruptcy.
If anything I’d argue retail is more equipped than ever to catch these huge run-ups because we are not limited by safety margins and bosses breathing down our necks to show profit quarter after quarter, all the while having almost limitless access to information via sec filings (which were VERY cumbersome to come across pre internet) and investor briefings (which used to be almost exclusively for the top percent of investors)