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The Most Misunderstood Asset Class Of All Time | Louis Camhi
Forward Guidance
The Dirty Little Secret of IPOs
The dirty little secret of IPOs is you're right. You cannot disclose Forecasting a prospectus you won't find them But the way it works is so I Don't want to call out a broker in case they're listening to your podcast but Bulge bracket bank gets hired to do the underwriting They put their research analyst on you know on the deal It's learned about the company the research analyst comes out with their forecast Usually that's done in conjunction with the CFO of the company and While the bank is not allowed to email out those forecaststhey're allowed to give you those numbers over the phone. So when everyone says like oh, there's a real issue withyou know forecasts
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