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.
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...
Right, but retail investors weren’t supposed to find that out until after the IPO.