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by WalterBright 2333 days ago
> but even MSFT lost 80% of its value in 2001

No, it was 50%. It's up around 400% since the bottom.

> The difficult is to know which company is the good one at the IPO

It's fine if you don't want to invest because of the risk. But to then say it's unfair that others who do take the risk get the rewards is ... unreasonable.