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Consumer IPOs have crushed investors who "bought what they know"

scott
in Off-Topic
“Love the store, bought the stock” has been one of the lousiest investment strategies of the past year. "

I believe at least some of these companies were private equity holdings that were brought public with a heavy debt load.

https://finance.yahoo.com/news/consumer-ipos-have-crushed-investors-who--bought-what-they-know--133911788.html

Comments

  • CharlesCharles
    Guess it needs to be in context of "know what you’re buying...as best you can."
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