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No surprises here. I always cringe when I see 'mum and dad' flotations. These type of deals are always plagued with bias, mostly in the favour of the big guys.
by sparknlaunch12 14y ago
No surprises here. I always cringe when I see 'mum and dad' flotations. These type of deals are always plagued with bias, mostly in the favour of the big guys.
The poor retail investors get sucked in by the allure of holding a brand name or having boasting rights. This thinking is dangerous when making an investment. I doubt most people would throw $1000 on a sports bet but quite happily to throw in more on buying a 'big name'.
- Drbble 14y agoSome people read the sports pages, some people read the business pages, but they are reading the same paper and they aren't so different from each other.
- tedunangst 14y agoSports bets are binary win or lose propositions. You can mostly control the amount of money you are willing to lose on a stock bet.