A startling 72 percent of commenters on one cable network’s Web site slammed the 80-year-old investor with a torrent of negative remarks yesterday, ranging from “hypocrite” to being a “cheat caught in insider trading.”
Not only can a small company be the best, but it has to be the best to stand a good chance of thriving in today’s competitive world. Then, once it reaches the top spot, it has to strive to do better every day, to ensure customers buy its products or services. A business’ key asset, where size brings no benefit, is its people.
Smaller players can build their global presence by using social media and word-of-mouth to promote their services without spending a lot of money. This has helped smaller players to punch above their weight.
Biggest does not mean best, and it never has.
Read more from RICHARD BRANSON here: Biggest does not mean best – livemint.com.
StockViz did a trial IPO returns analysis on stocks that listed between April and July 2010. Here is the 10, 30, 90 and 180 day return analysis.
At first blush, it appears that, on an average, IPOs returns were positive during the timeframe. Caveat: these returns need to be compared with Nifty levels during the same time-period to understand their relative performance (coming soon!)
Here’s a chart off the same dataset:
Stay tuned for more!