Comment by genxy

15 hours ago

We are better now that we learned from the first time.

Ug wants to borrow ten of my best sticks in exchange for future options to buy berries from his friend Og. Og has a watertight deal with Oog to invest the sticks in a five year mammoth hunting expedition but Oog first needs berries to exchange for sticks to cover his exposure on berry-puts he’s take out against Urrrg’s remortgaged stick pile.

Well, I said no. Not getting burned that way again!

Learned how to get the general public to directly put their money into it this time with the ETF shenanigans

  • Institutional investors (ex: pension funds) matter more for such mega IPOs than general public, and those probably like SPAC-like supercorps?