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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Ilaine who wrote (106941)6/6/2001 7:38:14 PM
From: KyrosL  Read Replies (1) of 436258
 
<Does anyone deliberately invest his/her money in something non-productive?>

Yes, during manias. For example, during the dot com mania, most venture capital investments in dot coms were not done to build a productive (profitable) company but rather to float an IPO as soon as possible and pocket the public's money.
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