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Jim Chanos on Crypto, Tech and the Golden Age of Fraud
Odd Lots
The Pros and Cons of Equity Issuance
Stock prices are often procyclical, meaning they go up during good times and down during bad times./nThis procyclicality can make it difficult to make money in the stock market./nBoards are often complicit in this procyclicality by approving stock option re-pricing and granting put options to employees.
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