There’s a new way to bet on real estate. Now you can bet real money on whether home prices in a specific city will finish up or down during a certain month, quarter, or year.
A few weeks ago, I published an essay titled, Klarna: Sorry, But I Told You So. In the essay, I walked you through Klarna’s IPO, explained why investors were salivating over it — then showed how investors got punched in the mouth when the stock fell off a cliff.
A few decades ago, going public was the American dream. Visionary founders like Bill Gates built great companies, rang the bell on Wall Street, got rich — and then handed everyday investors a shot at owning the next big thing.