Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
Last week’s initial public offering of Lineage, the world’s largest cold storage operator by capacity, has led some members of the press to proclaim the return of the IPO market. While the casual observer might reach this conclusion, an examination of the evidence leads to the inexorable conclusion that the market has not emerged from its stupor.
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