Description: Is the era of capital market subsidies nearing an end? I’m not referring to governments bending over to investment firms (which happens too often), but investors subsidizing customers.
Source: FinancialPost.com
Date: Feb 04, 2022
Questions for discussion:
- Summarize the key points made about how investors “subsidized” customers while the firm was scaling up.
- Do you think this is a fair analysis or simply a description of a particular style of investing and building a firm?
- What does this analysis say to both parties following this line of thinking?
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