Re:Tech bubbles are bursting all over the place
by sealeck on Saturday May 14, 2022 @05:38AM
(#31376362)
The former strategy is actually the better one in the long run. There are a bunch of economics papers showing that on average the vast majority of active fund managers loose out to precisely the strategy you describe (although the instrument used to hold the shares is not usually owning fractional shared personally but rather shares in a mutual fund or an ETF)
Look at your own investment portfolio. Are you investing $1 at a time in fractional shares of a million different stocks, or investing $1000 at a time on a smaller number of stocks/funds you expect to have solid returns? (You think his crypto bids are misguided. Maybe you're right. Not your money though.)
If you're certain about your product, you don't need an investor. You need a small business loan.