Buying Into IPOs a `Very Bad Strategy,' Feiger Says

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May 18 (Bloomberg) -- George Feiger, chief executive officer of Contango Capital Advisors Inc., a San Francisco-based wealth management firm, talks about the possibility of Greece exiting the euro area, the initial public offering of Facebook Inc. and his investment strategy. Feiger speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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