I check out / subscribe to a number of investment services and you are one of my favorites, top 3 for sure. I've been going back and reading the old ones - learning a ton! Thank you! OK, now onto this piece:
I am not a bitcoin enthusiast but have subscribed to the notion that it doesn't hurt to have a small (<5%) portfolio allocation, so I've been DCAing into bitcoin over the last 3 years ($10/day) but have avoided any altcoins outside of $1200 of ETH I bought a few years ago. Read your article on FRMO when it was published as well as this one and am interested / intrigued in allocating a smidge more.
Now, for the question (I state the above to give some context - while investing / finance is interesting to me, it's very much a hobby and I'm a n00b, for all intents and purposes) - do you think it's better to purchase KR1 plc on the UK or US exchange? I've never really dug into the detail like this with pink sheets, and it is interesting:
There is definitely a difference in return according to my meager resources / knowledge. On the OTC Markets, there's a -15% return YTD vs. 41% YTD on the UK exchange. Over the last month, there's a 73% return on the OTC markets vs. 13% return in the UK markets. That return over the last month in the US is due to some of the political changes you referenced in your article - maybe this company has largely been ignored by US retail investors given the regulatory environment for most of the year? And, if that's changing, maybe the OTC ticker gives the most opportunity for return?
Or maybe I'm missing something really obvious given exchange rates?
Would love to hear your POV.
And thanks again - you're really invested into this substack and respond to just about everyone. It's pretty awesome - hope you can maintain as this scales as you're a great resource.
The UK exchange will have better liquidity. If your broker gives you foreign access without huge fees, the more liquid exchange will be better. One difference in returns might be currency effects
I check out / subscribe to a number of investment services and you are one of my favorites, top 3 for sure. I've been going back and reading the old ones - learning a ton! Thank you! OK, now onto this piece:
I am not a bitcoin enthusiast but have subscribed to the notion that it doesn't hurt to have a small (<5%) portfolio allocation, so I've been DCAing into bitcoin over the last 3 years ($10/day) but have avoided any altcoins outside of $1200 of ETH I bought a few years ago. Read your article on FRMO when it was published as well as this one and am interested / intrigued in allocating a smidge more.
Now, for the question (I state the above to give some context - while investing / finance is interesting to me, it's very much a hobby and I'm a n00b, for all intents and purposes) - do you think it's better to purchase KR1 plc on the UK or US exchange? I've never really dug into the detail like this with pink sheets, and it is interesting:
There is definitely a difference in return according to my meager resources / knowledge. On the OTC Markets, there's a -15% return YTD vs. 41% YTD on the UK exchange. Over the last month, there's a 73% return on the OTC markets vs. 13% return in the UK markets. That return over the last month in the US is due to some of the political changes you referenced in your article - maybe this company has largely been ignored by US retail investors given the regulatory environment for most of the year? And, if that's changing, maybe the OTC ticker gives the most opportunity for return?
Or maybe I'm missing something really obvious given exchange rates?
Would love to hear your POV.
And thanks again - you're really invested into this substack and respond to just about everyone. It's pretty awesome - hope you can maintain as this scales as you're a great resource.
Take care and have a great day!
The UK exchange will have better liquidity. If your broker gives you foreign access without huge fees, the more liquid exchange will be better. One difference in returns might be currency effects