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The Most Misunderstood Asset Class Of All Time | Louis Camhi
Forward Guidance
The Role of Institutional Investors in IPOs
The regulators can't make up their mind between Do we need want to protect retail and therefore not let them into anything or do we want to give them access? Right. Institutional investors are capable of taking those risks and should be able to underwrite them better than retail. But then you have this issue of well, it's not fair that institutional investors get first crack at the Apple and all that money That's made on day one of the IPO or like talk.
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