I remember in the 80's that Japan was in an aggressive growth push. They were buying commercial property in the United States and one building in particular was the ARCO tower in downtown Los Angeles. I vented my opposition to a guy I know who was the head building engineer of that property, he laughed and said "don't worry, that building is a dog. It's going to cost more to repair it than to tear it down and rebuild it". That's when I realized, nobody sells a winner. Everyone is always looking to dump their bad investments. If someone is pushing an investment on you, it's probably about to lose.
Heck yeah. IPOs in the 90'a we're all the rage, but ever since, if a company makes a public offering, it tells me they owners have milked everything they can out of it and are ready to unload it on the unsuspecting public.
When OpenAI and SpaceX decide to go public, which they supposedly are nearing, it means it's close to an end.
I remember in the 80's that Japan was in an aggressive growth push. They were buying commercial property in the United States and one building in particular was the ARCO tower in downtown Los Angeles. I vented my opposition to a guy I know who was the head building engineer of that property, he laughed and said "don't worry, that building is a dog. It's going to cost more to repair it than to tear it down and rebuild it". That's when I realized, nobody sells a winner. Everyone is always looking to dump their bad investments. If someone is pushing an investment on you, it's probably about to lose.
Heck yeah. IPOs in the 90'a we're all the rage, but ever since, if a company makes a public offering, it tells me they owners have milked everything they can out of it and are ready to unload it on the unsuspecting public.
When OpenAI and SpaceX decide to go public, which they supposedly are nearing, it means it's close to an end.