Re:If You Want to Go Broke, Listen to a Billionaire
by WillPontificate on Tuesday October 01, 2019 @06:22PM
(#21131444)
Exactly.
Mathematically we're living in different universes. Moves that are rational for someone who has a few billion dollars under management don't work for the rest of us, because we're unable to diversify risk to the same extent.
Along the same lines, however, our "hurdle rate" for a life impacting investment is substantially lower....
Mathematically we're living in different universes. Moves that are rational for someone who has a few billion dollars under management don't work for the rest of us, because we're unable to diversify risk to the same extent.
Along the same lines, however, our "hurdle rate" for a life impacting investment is substantially lower....