20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
- Venture capitalist Hernan Kazah explores options to invest the $1 billion raised by his firm Kaszek Ventures to tap the pandemic induced demand surge for the tech companies, Bloomberg reports.
- The firm opted for Latin America’s most prominent venture capital round after identifying multiple investment opportunities following the pandemic.
- Initially, the companies had to adjust. But the firm noted growing demand after one and a half months leading to multiple investment ideas.
- Last year, investors invested over $4 billion into the hardest pandemic hit Latin American startups for a second consecutive year. The Q1 investments are estimated to cross $2 billion.
- Kaszek aims to invest $475 million in early-stage startups. It plans to incur the remaining $525 million for a fund catering to its portfolio. The funds were several times oversubscribed, with global demand including strong interest from Asian institutions and Latin American investors.
- The investors included Wesleyan University and Sequoia Heritage.
- The firm’s track record of picking winners, with at least nine unicorns in its portfolio, could partially explain the rising demand. It includes investments in Brazilian fintech Nubank valued at $30 billion after receiving an investment from Berkshire Hathaway, Mexican used car platform Kavak and real estate firm Quinto Andar.
- Kaszek aims to invest in technology-dominated companies, being bullish on fintech, e-commerce, and education companies.
- It will also focus on Brazil, Mexico, and Colombia.
- Kazah expects multiple companies from Kaszek’s portfolio to go public in the future.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!