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Investors aren’t that dumb, and if they were, your theory would create liability for securities fraud.
by brookst 3y ago
Investors aren’t that dumb, and if they were, your theory would create liability for securities fraud.
- Eisenstein 3y ago> Investors aren’t that dumb Maybe not individually, but this is an IPO and the P stands for Public, and when you aggregate everyone together then intelligence is a moot concept.