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A comment on SoftBank’s $375M bet on pizza went bad fast. Parent comment

Re:SoftBank’s $375M bet on pizza went bad fast by alephnan on Saturday February 15, 2020 @03:55PM (#22337906)
Then they could have bought S&P500 first, then buy into Uber now
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Re:SoftBank’s $375M bet on pizza went bad fast by tempsy on Saturday February 15, 2020 @04:09PM (#22337994)
That’s just called hindsight. If anyone knew at the time of decision what the perfect investment was we’d all be billionaires.
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Re:SoftBank’s $375M bet on pizza went bad fast by alephnan on Saturday February 15, 2020 @11:58PM (#22339874)
Right, we don’t. But no one buys the S&P500 because it’s the perfect investment. It’s diversified. Much less risky then buying an individual stock like Uber.
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Re:SoftBank’s $375M bet on pizza went bad fast by tempsy on Sunday February 16, 2020 @12:20AM (#22339920)
You're wondering aloud why a VC firm doesn't just buy the S&P. I think you can figure that one out yourself.
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