'Phenomenally stupid': Zerodha CEO Kamath sounds alarm on retail investors chasing pre-IPO gains; what he said
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -
Zerodha CEO Nithin Kamath cautioned retail investors against speculative behavior in India's unlisted market, fueled by the current IPO boom. He highlighted inflated prices, high commissions, and the risk of IPO prices falling below pre-IPO purchase prices, leading to immediate losses. Kamath also warned about the regulatory ambiguity and potential for total losses in cryptocurrency derivatives. What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
