Never invest in the next big thing

Wednesday, August 28, 2024 Francisco 0 Comments

TAGS:


My view is that, on average, you only make really big money when you have no competitors, when you are not fighting for your life. Normally, companies that do an IPO are still fighting; they will need money for this fight.

That is why, according to Professor Siegel, the Dow Jones Index beats the Nasdaq. In the Dow Jones, you find the companies that are no longer fighting for their lives (everybody is...).

This research project will provide the reader with thorough understanding of the anomalies related to IPO price performance, by canvassing the population of IPOs that went public on U.S. financial exchanges from 1985-2002.

An Empirical Analysis of Initial Public Offering (IPO) Performance Zachary A. Smith, Ph.D.










0 comentários:

Subscribe to: Post Comments (Atom)