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Open original source ↗“For every buyer there’s a seller, and one must ask: why would the other fellow be willing to part with a position that you think is attractive? If you can’t answer that question, you probably shouldn’t be buying.”
— Howard Marks, Oaktree Capital
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These are the quoted author’s words.
Source: OpenAI is increasing the size of its secondary share sale to $10.3B, up from $6B; the transaction is at a $500B valuation, in line with expectations (CNBC) https://t.co/tttQv809W9 https://t.co/fUPA99gsUI 📫 Subscribe: https://t.co/OyWeKSQRTe
Techmeme ↗