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Sure. Once a stock is listed on a major exchange, those stocks make their way into various index funds. 401ks most typically offer a very limited selection of
by linuxftw 6y ago
Sure. Once a stock is listed on a major exchange, those stocks make their way into various index funds. 401ks most typically offer a very limited selection of funds there's no way for an individual to choose to own funds that exclude a particular company.
It's rigged in the sense that the banks know the stock is worthless, but if you grease the right palms, you get to IPO, and the money you receive from the IPO is not investors that believe in your company, it's the fund managers that are managing other people's money, and they don't care about fundamentals or sound investing. It's the political class siphoning money from the working class. Do you think Warren Buffet is going to participate in this IPO?