Aug 26, 2023
Happy Saturday! Here are the top questions from Ask Titan Anything this week. As always, reach out to us if you have any questions.
Q: What is your take on Nvidia earnings and overall outlook on AI space? What is Titan doing to leverage AI boom?
Nvidia's earnings yesterday were nothing short of impressive as they blew out expectations and signaled that businesses big and small are spending significant capital on AI operating expenses. Nvidia is the clear leader in the GPUs and it's safe to say the world has changed from before Nvidia fiscal first quarter. After they blew out numbers last quarter, we could finally start underwriting numbers that made the valuation make sense. We've did a lot more work over the last couple of months to better understand the supply and demand picture and it became clear that estimates for NVDA could be too low. There's still some more signposts to prove here but we're impressed by the business and their consistent ability to lean into the AI revolution.
Q: Are there any plans for a Private Equity strategy?
The idea of a Private Equity strategy is definitely something we have explored internally. Our goal is to offer clients access to an asset class historically challenging to reach and that has proven to provide an attractive risk/reward profile. Similar to private credit, real estate, and venture capital, we would look to harness the expertise of top-tier players, aiming to drive long-term growth. There might be more developments in this area in the medium term, and we're excited about the potential opportunity as part of our roadmap.
Q: Is there any way to get in on the ARM IPO via Titan before it goes public?
Unfortunately, there isn't an easy way for clients to gain access to pre-IPO opportunities like the highly anticipated ARM IPO. The first months of trading are often volatile as the markets search for price discovery and insiders often seek liquidity. We'd likely avoid a newly minted public company until it forms a base of investors but will be interested in the fundamentals once it's public and trading on an exchange. At first glance, it looks interesting and there may be a world where we purchase it inside Offshore down the road.
Ask Titan Anything is intended to be informational in nature and does not take into account the specific objectives, financial situation, or particular needs of any specific person. Nothing in this content should be construed as investment advice, or a recommendation to buy or sell securities.
© Copyright 2023 Titan Global Capital Management USA LLC. All Rights Reserved.
Please refer to Titan's Program Brochure for important additional information. Certain investments are not suitable for all investors. Before investing, you should consider your investment objectives and any fees charged by Titan. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested, including principal. Brokerage services are provided to Titan Clients by Titan Global Technologies LLC and Apex Clearing Corporation, both registered broker-dealers and members of FINRA/SIPC. For more information, visit our disclosures page. You may check the background of these firms by visiting FINRA's BrokerCheck.
Various Registered Investment Company products (“Third Party Funds”) offered by third party fund families and investment companies are made available on the platform. Some of these Third Party Funds are offered through Titan Global Technologies LLC. Other Third Party Funds are offered to advisory clients by Titan. Before investing in such Third Party Funds you should consult the specific supplemental information available for each product. Please refer to Titan's Program Brochure for important additional information. Certain Third Party Funds that are available on Titan’s platform are interval funds. Investments in interval funds are highly speculative and subject to a lack of liquidity that is generally available in other types of investments. Actual investment return and principal value is likely to fluctuate and may depreciate in value when redeemed. Liquidity and distributions are not guaranteed, and are subject to availability at the discretion of the Third Party Fund.
The cash sweep program is made available in coordination with Apex Clearing Corporation through Titan Global Technologies LLC. Please visit www.titan.com/legal for applicable terms and conditions and important disclosures.
Cryptocurrency advisory services are provided by Titan. Cryptocurrency trading is provided by Bakkt Crypto Solutions LLC ("Bakkt Crypto"). Bakkt Crypto is not a registered broker-dealer or a member of SIPC or FINRA. Cryptocurrencies are not securities and are not FDIC or SIPC insured. Bakkt Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Cryptocurrency execution services are provided by Bakkt Crypto (NMLS ID 1828849) through a software licensing agreement between Bakkt Crypto and Titan. Please ensure that you fully understand the risks involved before trading: bakkt.com/disclosures.
Information provided by Titan Support is for informational and general educational purposes only and is not investment or financial advice.
Contact Titan at firstname.lastname@example.org. 508 LaGuardia Place NY, NY 10012.