Reminder only the ultra rich can get into many mega IPO, remember aramco? Only the rich can get the IPO price, once the stock is initially traded on public exchange, the stupid idiot sovereign fund would buy up all the shares bought up by the ultra rich at mark up price and make a killing from the foul play, and all these are perfectly legal, your 401k is criminally exploited to enrich the ultra rich to even richer, the ass*** ultra rich wouldn’t care.
Now we need to come up with a plan, by using ICO, IDO, IEO to force the tax payer pay the price too, what’s your take, can we force the inflation to come totally loose control to the point food price is no longer measurable with fiat paper money?
You very clearly don’t understand how IPOs work. Institutional investors (meaning your 401k manager) are often targeted to buy the IPO before its publicly traded, or even earlier when the companies raise money when they’re still private. So they are directly benefited by the IPO process. Further, the sovereign wreath fund is an institutional investor, it would not “buy up all the shares”
after the IPO, that makes zero sense. That would defeat the purpose of the IPO because that would effectively make the company privately held by the sovereign wealth fund.