Does it pay to buy when a company goes public?
In a nutshell, if you want to play the game, your best bet is to remain diversified.
A Glimpse of Markets as we See Them Today
Following an abysmal 4th quarter of 2018, equity markets rebounded with the biggest quarterly gain since the third quarter of 2009 and the best first quarter since 1998. As we have been emphasizing over and over, equity markets manage to sustain a valuation level (i.e. price/earnings ratio) that seems high relative to the last 40 […]