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agreed. plus Goldman can profit on the Greater Fool effect. i was just assuming that, if you weren't Goldman, and weren't going to take advantage of the Greater
by mkramlich 16y ago
agreed. plus Goldman can profit on the Greater Fool effect. i was just assuming that, if you weren't Goldman, and weren't going to take advantage of the Greater Fool effect, etc., and you wanted to buy-and-hold rather than buy-and-flip, then, the numbers don't look too compelling at the $50bn valuation.
but yeah, anything can happen, and there are lots of factors involve.