Hacker News new | ask | show | jobs
by tossandthrow 318 days ago
It is, it is yet another of the constructions that increases inequality and makes rich people richer.

Yes, an ipo is volatile, it should be! You are literally pricing a company.

Sigh, regardless, Thisnis again one of these ways where free markets are being smashed by monopolistic behavior - you can only be a part of the game if you already have enough.

1 comments

I thought IPOs don‘t generally pop though this one has?

You can buy VTI which takes about 7% allocation in every IPO, but I heard there is research by some folks at Harvard and practiced by dimensional fund advisors‘ funds that buying IPOs ~two years later is slightly better?