Comment by solumunus
8 days ago
The valuations are unjustified even at the prices they’re charging now.
They’re going to try their best to offload these investments into our pensions before the inevitable crash.
8 days ago
The valuations are unjustified even at the prices they’re charging now.
They’re going to try their best to offload these investments into our pensions before the inevitable crash.
Right, but retail investors weren’t supposed to find that out until after the IPO.
Apparently it’s already happening to a degree, wether it continues or not (or even is relevant) is not really my area of expertise.
https://finance.yahoo.com/markets/stocks/articles/goldman-sa...
I had plenty of gains by holding investments which Goldman Suchs were making doom statements about.
Always buy opposite, buy low and sell high.
Too many people here buy high and sell low.
When Goldman makes statement, half the time it is prepped by an associate or two that has minimal experience and goes through a MD that enjoys the gloom and doom. That’s why they publish. Goldman makes money on both sides of a trade.
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