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Adam Khoo, executive chairman and co-founder at Adam Khoo Learning Technologies Group, shares that on average, the price of a new IPO stock declines by 50 percent in the first 12 months, even for high-quality businesses.
He advises investors to avoid impulsively chasing opportunities and advocates for patience in investment decisions.
Khoo previously reported his portfolio had gained 16% year-to-date, while noting that he missed rallies in quantum computing and space stocks in a recent update (link). He has also indicated he may consider a short-term trade in Adobe if the stock price surpasses a key resistance level after exiting a prior position (link). These comments reflect his disciplined approach to trading and portfolio management.