higher chance to recieve junk rating and reduced initial evaluation

Look, if it makes you feel better, I'm happy to state that I thought the SpaceX IPO price was too high and that it is probably still too high. But in the long run, it might turn out to be a great investment.

I believe that the Anthropic IPO price will be too high, but also in the long run it might turn out to be a great investment.

The most important thing I believe is that this is what I signed up for when I bought lots and lots of VTI. And that I can change to a different set of investments pretty much instantly for 9 hours a day, 5 days a week. With no tax hit because it's in my retirement account.