What I'm Reading: October 1
- Ben Leibowitz
- Oct 1, 2022
- 1 min read
Investing, Markets
Investing on margin when young increases retirement savings
The authors propose a maximum leverage of 2:1
Using a deli as a fraudulent shell company to take a private company public
A fraud scheme where a few guys took a deli with small revenues public, used wash trading to inflate the stock price, then attempted to merge with a larger private company to take them public. Like a mini-SPAC.
Etc
Reverse Freedom Rides of the 1960s
Sounds very similar to the current migrant busing crisis...
(Sorry, I usually don't include politics, but thought it was an interesting historical comparison)