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Hmmm, that book Joe Makowski told us about ....
Hi,
You wrote: > My favourite Bubble is the guy who sold > shares in his enterprise called, > "Enterprise for producing great things > which I can't tell you about yet because > nobody is allowed to know" or something > as idiotic. That book Joe Makowski told us about (Joe is a very smart man, I've found out), which is called The Secrets of Syndication: How To Make Money With Other People's Money by Beguelin and which was published in 1983, and which I found at abebooks.com, tells how to raise money for projects by taking on partners. Maybe I should set up a daytrading syndicate and raise money for a good-sized account. The main problem would be if I lost all my syndicate's money they might turn me over to another kind of Syndicate and then you'd notice I wasn't posting messages here any more because I'd be at the bottom of the Lake. I see why the Gov doesn't let just anyone sell shares, because the idea you sketched out above would, no doubt, still work just as well as it did then. Come to think of it, there is a way anyone can do their own small-scale IPO but I can't remember what it's called, DIPO or something like that. Best, - Boyd |
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