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Archive of entries posted on 27th September 2019

How to get rich by failing. Lessons from IPOs, WeWork and SoftBank

I was never rich enough to be given shares in an IPO — even though I’m a client of Goldman Sachs, Morgan Stanley, JPMorgan, etc. But now I’m happy being poor. Most of this year’s IPOs are under water. That means if I had been allowed to buy shares at the offering price, I’d now […]