The phrase “Last In, Never Out” (LINO) is a stark warning in the world of finance, often interpreted as:
- “Those who jump in last will be permanently stuck (holding the bag).”
- “Latecomers entering the final stage of the market will get caught without profit.”
- “Entering at the peak of speculative frenzy means losing any chance of escape.”
It was a day when market euphoria turned to agony.
This is the professional’s guide to the terror of Dilution and the Survival Rules you must adopt.