4min chapter

Forward Guidance cover image

The Most Misunderstood Asset Class Of All Time | Louis Camhi

Forward Guidance

CHAPTER

The Unprofitable High Growth Highly Speculative Tech

Lewis: I just want to revisit a point that you made earlier about Nicholas so this stock went from ten dollars to seventy dollars to five. You're saying if the if Nikola IPO or any put Nikola did a direct listing the result would have been very much the same. Lewis: Look there were plenty of high profile IPOs and direct listings and haven't done well right coinbase Roberthood upstart, these were non-spax but they look just like you couldn't tell the difference If I picked a speculative industry. It doesn't matter by what means a speculative company gains financing That it's if there's speculative further that crashes that's gonna happen no matter what.

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