Thread regarding Fidelity Investments layoffs

So about Spacex...

Fidelity owns 10% of SpaceX, ironic that employees can't participate in IPOs but Fidelity itself can. Anyways do you think the success/failure of SpaceX IPO will impact the NAV of chairman shares?


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Post ID: @OP+1ktmm8m85

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Wait, have you seen the people who work at fidelity? With the still bloated covid hires who know nothing about anything. Fidelity should not let anyone invest in anything instead of mutual funds.

Only pre covid hires are sophisticated enough investors to invest in something as basic as stocks

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Post ID: @32e+1ktmm8m85

Sorry, but this isn’t a Fidelity rule. It’s a FINRA rule. If you work for a brokerage firm, you and your immediate family members are restricted from buying IPOs.

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Post ID: @f8+1ktmm8m85

don't waste your money.

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Post ID: @cb+1ktmm8m85

I voted for Mamdani so things like this wouldn't happen any more.

I should get a thousand shares of any IPO I want. Just like Jamie Dimon does, I'm sure.

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Post ID: @be+1ktmm8m85

Are you really that f$&kin stupid?? I’ll answer for you. YOU ARE!!

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Post ID: @ag+1ktmm8m85

But even if you have an account with Fidelity, unless you have 100K in cash, they won't let you invest. I wanted to buy one share for the fun of it.

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Post ID: @a4+1ktmm8m85

Tell me you don’t understand Wall Street without telling me you don’t understand Wall Street. Rules for thee, not for me.

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Post ID: @a3+1ktmm8m85

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