I agree totally.
I also do not know how to trade stocks and make money. By trading I mean holding for reasonably short periods.
The obvious appeal of an IPO is the downside is more limited than a normal share trade for large government IPO's. Based on this, one would then be crazy not to play.
Also, any risk management strategy will indicate you can punt a much larger amount in such a bet because of the downside protection. It then follows that with a larger bet , if it pays off , you can make a much bigger profit. Comes back to that saying in terms of making a lot of money .
I t's not how many times you are right that counts, it's how big you bet when you are right that really counts !!!!!
