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Re:How SoftBank’s costly bet on the ‘internet of things’ bac... by sytelus on Tuesday February 15, 2022 @04:03AM (#30344230)
If you went 5 years back, I don’t think you would have predicted that sp500 will be yielding 87%. At that point in time, SoftBank would have looked pretty reasonable. So there is a survivorship bias when people compare with sp500.

Now, let’s look at next 5 years. Would you be willing to bet that sp500 continues its streak? Would all macro-economic coincidences and government actions continue in same manner for next 5 years?

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