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A comment on SoftBank expects $24B in losses from Vision Fund, WeWork and OneWeb. Parent comment

Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by sharadov on Tuesday April 14, 2020 @05:39PM (#22871802)
Masayoshi Son seems like someone who started believing like Midas, that anything he touches would turn to gold. I heard the guy speak, and he seemed full of himself. And he's taken Saudi money, I would not want to be in his shoes to say the least.
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Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by chmod775 on Tuesday April 14, 2020 @07:28PM (#22872699)
> Masayoshi Son seems like someone who started believing like Midas, that anything he touches would turn to gold.

It is so incredibly common in the investment world to mistake extreme luck for skill and cling to flawed methodologies as if they were gospel because they worked once by chance.

Your typical investment "strategies" are hardly better than someone bringing his lucky shoes to a gambling den.

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Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by wolco on Tuesday April 14, 2020 @06:13PM (#22872136)
He is still way better off than your average hs commentor. It will be easy to pivot into anything.. flower shop.. ebay jeans store the sky is the limit.
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