Nick Nicolaides

speaker
313 appearances 1 recordings 1 series first heard Jun 2022 last heard Jun 2022

Nick Nicolaides’s voice in public audio — every appearance, attributed to the second.

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I think the level of education, thanks to people like you and, you know,
All the different ways people are trying to engage young people is a huge positive.
And what we see in terms of the user behavior is in the first two months, people get their portfolios set and they have an average of two to three shares in their portfolio.
And that's predominantly made up of ETFs.
As they go on, the behavior is adding more each month.
So we're seeing behavior that it's not just putting money in one time and playing with it.
And then the last part of that is people are customizing, whether it's with the thematic ETF stocks.
We still have, I think the top stocks on Perla will be similar to the top stocks on some other platforms.
It's just that those top stocks on Perla make up maybe 20%, 30% of the community's portfolio.
not maybe switch it the other way around on some other platforms where those top stocks and like i don't know if we can mention them but the zips
those sorts of companies where they're kind of well-known consumer brands, you know, they've been heavily volatile.
Um, we still see that.
We just don't see it being the predominant part of the portfolio.
So that, that makes us feel really good.
Even, even if we are a small company and growing sustainably, it makes us feel really good that I look at that and I go that I would happily suggest that to anybody, um,
Oh, no.
I mean, a huge part of learning about where to invest in our platform is looking at the community data, right?
And so we focus on this hugely.
We set out to build a platform for everyday people and if you try and break that down into data, you go, well, that means we want an even split in ages.
We want an even split in genders and an even split also in people with, you know, putting their first dollar in versus people who have, you know, considerable portfolios.
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