...and read this carefully. Every time we "soak the rich" and encourage present consumption over capital investment, we impoverish ourselves more quickly than we think.
Or, put differently, if we take $500 million away from Bill Gates or Steve Jobs (and thus Microsoft or Apple) and let President Blagojevich give it to Solyndra or other money pits, do we really think we're doing ourselves any good? The reality here is that Gates and other wealthy men are more careful with their own billions than any bureaucrat will be with the public's trillions.
IPOs are the "shiny objects" of the investment world - How an IPO gets done, step by step Stick With Benjamin Graham's Advice And Never Touch An IPO Excerpt: 1. *Very few initial public offerings trade ...
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