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Another clear example of how finance can be used to suck capital out of the public markets. Hey, we all need to take profits eventually, right?
by p10_user 4y ago
Another clear example of how finance can be used to suck capital out of the public markets. Hey, we all need to take profits eventually, right?
- YesThatTom2 4y agoOmg. I just realized SPACs are like the plot of The Producers.
- Blackstone4 4y agoNot really tho....most companies or high net worth people have most of their wealth in assets i.e. stocks, private companies, bonds...they will often just stay invested and watch the value of their assets go up. Only taking small profits here or there if they need the cash.