LanghamP_ t1_je2lu0s wrote
I feel that companies that are about to IPO are almost certainly fraudulent. You look at Jack Dorsey and Square, with maybe 40% of those user accounts being fraudulent, and stock being sold to little Reddit investors...how could it not be fraudulent? It's almost as if IPO's are now being used to enrich original stockholders who sell and exit instead of raising capital.
ryathal t1_je37t6v wrote
IPO has been about paydays for owners for a very long time.
AthKaElGal t1_je3qtgp wrote
IPOs are big pile of turds - Buffet and Munger
agm1984 t1_je5gc8n wrote
Earnings Before I Tricked Dumb Auditors (EBITDA)
jonathanrdt t1_je4t6gw wrote
The investment banks are the real winners. They get paid to structure the transaction and on the gains. They are incentivized to hype and mislead.
LastResortFriend t1_je3j4ht wrote
Oh well, I'm sure after 2008 we learned and applied lessons to our stock market. Nothing to see here.
Test19s t1_je4ob5k wrote
World debt is several times GDP, and that increased fast between 2008 and the COVID stimuli.
knightopusdei t1_je3judz wrote
Or two just summarize everything you just said ..... investors just treat the stock market like a gambling casino
MrMitchWeaver t1_je3l6sz wrote
You're thinking of speculators. Investors are those who invest in businesses for the long term, not trying to make a quick buck.
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