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>In the end this will stop future cases of investors trying to jam garbage companies into the public markets, essentially stealing money from retail investors w
by rollerboi 7y ago
>In the end this will stop future cases of investors trying to jam garbage companies into the public markets, essentially stealing money from retail investors who don’t know better
History doesn't repeat itself, but it rhymes. I wish I could have hope that this wouldn't happen again in the future (banks selling an overvalued business to the public markets via IPO) But really, this has happened before and it will happen again. Human irrationality knows no bounds.
- Nasrudith 7y agoReally I would expect it to reoccur just from neural network forgetting over time alone - let alone human irrationalities. I suspect the only way that would maybe go away would be both greater transparency requirements and the ability for the market to parse all of the data in an informed way. So in other words technically possible but probably not going to happen.
- rollerboi 7y agoYou're right about "technically possible but probably not gonna happen." The part you're missing is - although the market might have access (and be able to) parse data in an "informed" way, that doesn't mean all market participants will react to that data in the same, rational manner.