3 ms·
In that case, the greater fools are LPs?
by ignoramous 3y ago
In that case, the greater fools are LPs?
- anovikov 3y agoAbsolutely! LPs are the greatest fools ever! If stuff got to the IPO, it is usually not a complete bullshit. Very occasionally it is, but that's an exception, and someone who puts a big chunk of their nest egg into a single public stock can only blame themselves anyway. If stuff got acquired, usually the acquiring company more or less knows what they are doing too. But LPs are the royal bagholders indeed.