3 Reasons This Former Wall St. Hedgefunder Will NOT Invest in Airbnb's IPO!

29.1K viewsPublished: November 25, 20199m 14sScore: 75
Pricing & Profitability
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Summary

Richard Fertig explains his reasons for not investing in Airbnb's IPO. He argues that the IPO serves as a liquidity event for smart money investors who have already profited from their early investments and that the potential for significant post-IPO growth is limited due to high valuations. He prefers to remain conservative and wait for a better investment opportunity, referencing the 2008 market crash as an indicator for a similar pattern.

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