How does a company even consider this while the CFO is privately saying the books / revenue accounting are not ready for public scrutiny? Edit: Or has so much somehow changed in two weeks that it’s no longer necessary to wait until next year?
OpenAI Is Preparing to File for an IPO Soon
161–170 of 426 posts
Re: OpenAI Is Preparing to File for an IPO Soon
#162Earlier quoted context omitted.
It is very true what they said. In an ETF you get both bad stocks and good. You have no choice. If you diversify manually you can pick and choose only the crème de la creme But… people love to be lazy or just aren’t knowledgeable enough to pick their stocks themselves and thus it is safer for them to just stick to broad strokes of an index fund. For starters as basic portfolio, you could 1:1 an index fund but take ou…
If that were true, then one would expect a competitive fund that does just that and that give higher ROI than an S&P 500 index fund (or index ETF) when you consider expense ratio. What is a such a fund? Or, alternatively, can you point us to a comprehensive list of those companies you would exclude from the index to get superior returns?
Honestly it’s a free for all game so no one has any interest to share their secrets and methods. When you lose money I make money. Better player wins.
Re: OpenAI Is Preparing to File for an IPO Soon
#163Earlier quoted context omitted.
This is terrible advice, are you buying and self balancing hundreds of different stocks?
I can’t say I’ve tried this but the thought just came to me that generating such trades would be trivial to do monthly now.
So I am sure this is not viable for many people as buying an ETF counts like 1 trade, but investing the same money in the underlying assets count like 10s of trades.
Re: OpenAI Is Preparing to File for an IPO Soon
#164Earlier quoted context omitted.
I would retire. If you have two million euros lying around, that would be life-changing money for me. I'd put everything into VWCE and then live off interest. I think I'd spend a year in Japan just to see what it's like, then travel around a few other countries, and finally settle somewhere back in Europe - buy a small house in the middle of nowhere, renovate it, and then smoke weed and play video games until the end…
That's such a cynical take. If everyone does what you're describing, we will never make progress as a society.
Re: OpenAI Is Preparing to File for an IPO Soon
#165Re: OpenAI Is Preparing to File for an IPO Soon
#166How does a company even consider this while the CFO is privately saying the books / revenue accounting are not ready for public scrutiny? Edit: Or has so much somehow changed in two weeks that it’s no longer necessary to wait until next year?
Current administration might rig the rules to take the credit of AI boom. Even third world doesn't have this much shameless and corrupt regime as much as this one is.
Re: OpenAI Is Preparing to File for an IPO Soon
#167Earlier quoted context omitted.
I would retire. If you have two million euros lying around, that would be life-changing money for me. I'd put everything into VWCE and then live off interest. I think I'd spend a year in Japan just to see what it's like, then travel around a few other countries, and finally settle somewhere back in Europe - buy a small house in the middle of nowhere, renovate it, and then smoke weed and play video games until the end…
That's such a cynical take. If everyone does what you're describing, we will never make progress as a society.
I'm not sure what's exactly your point besides "if everyone does exactly the same thing, then society collapses".
Re: OpenAI Is Preparing to File for an IPO Soon
#168How does a company even consider this while the CFO is privately saying the books / revenue accounting are not ready for public scrutiny? Edit: Or has so much somehow changed in two weeks that it’s no longer necessary to wait until next year?
These companies are burning enough cash that they will need to be public. We’re about to have 3 of the worlds’s largest corporations be massively in the red.
https://www.ft.com/content/a67248e7-f819-4dba-b0f7-3847df0a7...
Re: OpenAI Is Preparing to File for an IPO Soon
#169Earlier quoted context omitted.
It should still take a year until it's added to the indices, no? At least that's how I understood the SpaceX case: Elon wanted to rush it and get it done in 6 months. So there's still hope that the bubble pops before the funds are poisoned.
If they list on the Nasdaq, recent changes mean they can now be added after 15 days, instead of 12 months. https://www.etfstream.com/articles/spacex-to-ipo-on-nasdaq-a...