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aidanlister | 2 years ago

Contrarians are so funny, everything is a hammer.

A bunch of very smart bankers have spent an enormous amount of time doing due diligence on the company you work for and they think that the risk is low and repay-ability is high … but the contrarian always knows better. To them this is a sign that the end is nigh, and they rejoice in the feeling of their beautiful superiority.

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dec0dedab0de|2 years ago

The company was sold in less than a year, everyone laid off 6 months after that, and the equipment was all shut down within 3 years of that announcement.

But your right, I'm sure the 5 shareholders and the bankers did fine for themselves.