Great article. IBKR is a beast of a company. They got included in the S and P 500 recently and have enjoyed a bit of multiple expansion as well. The margins are just insanely good, and I think that's why it deserves a premium. there's going to be a great wealth transfer in Europe I think IBKR is gonna be a beneficiary long term. just a few raw thoughts.
europe has one of the largest ageing populations in the world. That wealth has gotta go somewhere and my hypothesis is with the rise of self directed investment and the availability of financial advice and information online a lot of it's going to go into the markets. And by proxy brokerage accounts such as IBKR which is popular in Europe.
Great article. IBKR is a beast of a company. They got included in the S and P 500 recently and have enjoyed a bit of multiple expansion as well. The margins are just insanely good, and I think that's why it deserves a premium. there's going to be a great wealth transfer in Europe I think IBKR is gonna be a beneficiary long term. just a few raw thoughts.
Can you elaborate on your wealth transfer point?
europe has one of the largest ageing populations in the world. That wealth has gotta go somewhere and my hypothesis is with the rise of self directed investment and the availability of financial advice and information online a lot of it's going to go into the markets. And by proxy brokerage accounts such as IBKR which is popular in Europe.