One of financial advisor Jeff Barnett’s clients called him when SpaceX went public on June 12. Had Barnett bought any shares for the portfolio? He had not—SpaceX came nowhere close to the client’s preset criteria on valuation and governance.
The client listened, then asked Barnett, “Can we just buy 10 shares?” Barnett got it done. He likens it to buying a lottery ticket when the jackpot hits $1 billion. You know the odds are slim, but a small bet buys a share of the buzz—and scratches that deep down what-if itch—without jeopardizing your portfolio.
