> Privatize the losses
Isn't that what the IPOs are for?
The IPOs are for "socializing" the losses, in the sense that the losses are dumped on retail investors, who are the general populace. Especially if you consider big pension funds
alt Hacker News
The IPOs are for "socializing" the losses, in the sense that the losses are dumped on retail investors, who are the general populace. Especially if you consider big pension funds