MoneyWeek

Beware the Big Loss

As we predicted, WeWork didn’t work. “Former high-flying startup WeWork filed for bankruptcy” last week, “listing nearly $19bn dollar of debts, a fresh low for the co-working company that struggled to recover from the pandemic,” reports Bloomberg. There’s a lesson here for investors, because our main goal is to avoid just such a Big Loss.

The idea of the Big Loss comes from the great

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