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Risk Management

Mar 31 2026

The IPO Trap: Why I’m Ignoring OpenAI and SpaceX to Own the “Plumbing” Instead

Nasdaq is fast-tracking the IPOs of OpenAI and SpaceX. David explains why these “trophy” listings might be valuation traps for long-term investors and why he prefers owning the “Sovereign Foundation” instead.

Written by David Thomas · Categorized: Insights · Tagged: Databricks, IPOs, OpenAI, Risk Management, SIPP Strategy, SpaceX, Valuation

Mar 28 2026

How to lock in a 123% gain in 18 months

Following a 47% gain, David Thomas explains why he moved the North Tech 15 to 100% cash on 3rd March. Learn why the conflict in Iran changed the risk profile for tech and why protecting capital is his #1 priority.

Written by David Thomas · Categorized: Case Study · Tagged: Cash Strategy, Geopolitical Risk, Iran Conflict, ISA Investing, portfolio performance, Risk Management, SIPP Strategy

Mar 24 2026

When is it smarter to hold cash?

Following an exceptional market run and rising geopolitical tensions, David explains why he moved his entire portfolio to cash and what he is watching for next.

Written by David Thomas · Categorized: Insights · Tagged: Asset Allocation, Cash Strategy, Geopolitical Risk, long-term investing, Market Timing, Risk Management

North Tech Capital · Copyright © 2026

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