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- 2011-7-11
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- 2014-8-7
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4#
发表于 2011-7-11 19:34
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no boat was missed... by us.
andrew, you are correct in regard to the original problem--no one debated suitability of IPOs--yet rather how much was too much; the clarification was with the scenario presented by the original poster, not the original problem. It was a hypothetical situation which you didn't address in your response.
The situation reminds me of when there is a trust, and while adding in IPO shares would bolster the expected return and meet diversifcation needs, the level of risk tolerance is lower and so perhaps a smaller number of allocations are necessary--even less that what would otherwise pro-ratable be allocated. When that occurs, the remaining should should be reallocated pro-ratably to the others,
I stand by my first response.
AMCC, it's often the case that people want and can tolerate as many IPOs as possible. Since they are more scarce and have high expected returns, you will almost always be allocated fewer than desired; hence why you limit to a fair pro-rated amount. |
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