Emerging tech stocks - which ones are "frothy"? 'Look at stocks that are up 100s of percent', says Richard Smith

Loading player...
CEO of the Foundation for the Study of Cycles, Dr Richard Smith, joined the BizNews Power Hour to discuss emerging tech stocks. Investment guru Ray Dalio has warned that some stocks are in ‘extreme bubbles – particularly emerging technology companies’. Dr Smith says 'I think Dalio is talking about smaller stocks.' Smith also gives his thoughts on cryptocurrency. 'For somebody who has been in bitcoin for a while, it's a good time to be taking some profits.' Learn more about your ad choices. Visit megaphone.fm/adchoices
4 Mar 2021 2AM English South Africa Investing · Business News

Other recent episodes

BN Edge | Piet le Roux: ICASA, Starlink and the true cost of BEE

To sell internet access in South Africa, you first have to show ICASA the race of your shareholders. Sakeliga has now taken the regulator to the Pretoria High Court, but, oddly, not to scrap the 30% black-ownership rule. Chief executive Piet le Roux told Alec Hogg why he chose the…
13 Nov 6AM 28 min