CNBC has published their findings on Kanye West’s diverse stock portfolio. For the session beginning on December 26, 2017 and closing on July 26, 2018, Kanye West essentially beat the market at a 40 percent clip. Some Kanye’s better known investments include shares Netflix, Amazon, Apple, Adidas and Disney, which on the surface all seem like safe bets do they not?
The 40 percent performance rating is calculated by the S&P 500 Index , a stock market listing based on market capitalizations the fortune 500. The portfolio that CNBC is speaking , is actually a mark up chosen by Kanye for his wife Kim Kardashian.
Among his investments, Netflix has prited from all-time high usership. Even so, company ficials failed to attain their lty subscriber projections, resulting in a 14 percent drop for the first time in over a year (five quarters).
Kanye also invested in Amazon, a company that has reshaped the way we conceive the retail marketplace. In the coming year, expect their stocks to soar, and for traditional retailers to be run out business.
Adidas benefitted from the World Cup to post significant gains. Disney may be the weakest the lot, but all that could change in matter seconds if they were to usurp another media company. They’d have to bowl a nifty spare to convince Kanye West to go all-in.