ORID_6

Objective

Read 1 chapter of Think, fast and slow
read 1 chapter of Safety Margin
read 1 article about dedao
Take break in between

Results

only read 1 article

Underwrite means investment bank is making a company IPO and make money from it by taking commissions.
In Wall Street, the fundamental income is coming from selling more and get its commissions, so it does not surprise us if the IPO is overvalued because wall street investment bank wants to get it's commission.