Posted on November 25, 2015 by

Fidelity Did Not Make A Snap Judgement.

In mid-November, we learned that Fidelity marked down the value of its Snapchat investment by 25%, which instantly reignited the tech bubble conversation. We may be in a bubble, but this event is not an indicator. What this mark down does reveal is a shift in investment strategy for large investment funds. “Fidelity lowered the Read More