Munger On Deserved Trust; The Hottest IPO Market
Whitney Tilson’s email to investors discussing the IPO market has never been hotter than it is right now; David Brooks on how to build trust; Charlie Munger on ‘a seamless web of deserved trust’. Q1 2021 hedge fund letters, conferences and more The IPO Market Is Hotter Than Ever Before1) I knew the market for initial public offerings ("IPOs") was hot but hadn't realized quite how hot – and it's not just special purpose acquisition companies ("SPACs")! The IPO Market Has Never Been Hotter Than It Is Right Now. Excerpt: Companies are racing to public markets like never before, cashing in on reco...