Quoth the Raven #112 - One Man's Toxic Shit is Another Man's Lyft IPO Shares

On this podcast, I rant about the Lyft IPO: how it is being hyped by the media and what retail investors sometimes don't understand about initial public offerings. People still don't understand they're not "getting in early" when they go to buy IPO shares of a company, despite companies like Blue Apron and GoPro imploding after their respective IPOs. So why doesn't the mainstream media ever warn investors of how much risk is associated with IPOs? Because they don't want to, I go on a rant.

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Disclosures: No position in LYFT