In February, we announced an opportunity for our investors to share their investment stories on our blog and social networks. Among the applications, we randomly selected winners who got this chance. Today, we are pleased to present one of the stories to you!
Сontinuing the series of articles about famous investors, today we will talk about the “father of modern finance”, Ph.D. and Nobel Prize winner in Economics Harry Max Markowitz.
Global trends suggest: P2P lending is getting closer to traditional banking in terms of volumes. The capitalization of banking (€ 7 trillion in the 2nd quarter of 2019) is still many times greater, but the sector is slow, which becomes one of the key factors stimulating the growth of its alternative counterpart. This makes banking be more attentive to the success of P2P lenders.
We continue the series of articles about famous investors who earned a lot with their investment principles and helped others to increase the welfare. One of them is Nassim Nicholas Taleb, a successful investor whose approach combines mathematics, philosophy and the ability to see simple, but not always obvious things.
Today, the interest of investors and borrowers in P2P segment is growing. However, both parties are cautious about popular beliefs related to alternative lending that may make them miss the opportunity to take advantage of it. What “myths” exist around P2P and how justified are they?
With the growing role of big business and institutional capital, it is difficult to succeed and make a fortune nowadays. That is why it is getting even more important to understand the principles of increasing personal wealth. Today, we start a series of articles about great investors and their approaches. Let’s begin with a man whose ideas have made more than a hundred thousand people millionaires.
A good investment is not easy to find, and sometimes, investors have to spend time looking for it. Still, there are different opportunities, and one of them is alternative lending. Surely, this market behaves like an underdog in many developed countries, but some regions prove it to be a diamond in the rough. Southeast Asia turned out to be one of the most outstanding among such regions. While the growth potential of its mostly agricultural countries is impressive, there are a few more things to consider.
Chasing two rabbits you will catch neither, but in most cases, this principle cannot be applied to investing. A chosen project can be highly promising, but a failure can lead to loss of investments. Although the asset diversification is common knowledge for investors, some still ignore it. But how wrong they are!
The P2P lending market is growing rapidly: according to forecasts, its annual volumes can reach $898 billion by 2024. Although the low base effect is gradually weakening, and the average global growth rate has reduced from 250% to 30–50% a year, the market is still far from being saturated. Today, we will look into the development of P2P lending and the reasons for such a big interest of borrowers and investors in it.
The last decade has become an era of rapid development of financial technologies. According to CB Insights, in 2018, fintech companies attracted $39.57 billion from venture funds, which is 2.2 times more than in the previous year. The total turnover of two leading payment systems, PayPal and Ant Financial has steadily exceeded $100 billion in recent years. Even the ultraconservative investor Warren Buffett admitted that it was a mistake to ignore the opportunities of investing in fintech.