Investment Black Holes
Don’t let a Supernova take out your portfolio
When the Hong King Stock Exchange closed for business on Wednesday, November 19th, a marble mining company named ArtGo Holdings Ltd, was the best performing stock of 2019 in the entire world (excluding smaller companies with market caps <$1B). An unlikely superstar, ArtGo’s stock had zoomed up nearly forty-fold (3,800%) just since January.
The next morning….