Should You Buy Uber? You Probably Won’t Have a Choice

Tyler Linsten Investing, Seattle Mariners Shaming

Uber shares for everyone! Love them, or hate them, Uber is out of the gate and now trades publicly on the New York Stock Exchange. It was the ninth-largest IPO ever. As with any hot new public offering of shares, many investors want to know if they should get a piece of the action. The verdict: If you own any kind of passive index fund, you’re going to own it. (And if you choose not to own index funds, then I wish you luck in your uphill battle) The same goes for any other mega-IPO. These companies debut at huge valuations and will be added to indexes, like the S&P 500, within their first year of trading. Remember Facebook a …