2 ms·
my lame speculation: a.) once you're that wealthy, i don't think you care too much about 'get rich quick' or 'crazy investment strategies of the week' books an
by pgbovine 17y ago
my lame speculation:
a.) once you're that wealthy, i don't think you care too much about 'get rich quick' or 'crazy investment strategies of the week' books anymore. you probably stash your money somewhere safe
b.) i'm sure paul cares a lot more about hacking than the latest fads in finance/investment
- gcheong 17y ago"you probably stash your money somewhere safe". Yet unless you have a good understanding of basic investment principles (and I mean principles grounded in rigorous theories which you will likely not find in the kinds of books you mention), you won't know what "safe" means.
- rms 17y agoNot to mention he is an active angel investor, which is basically as risky as it can get, so that makes sense to safely diversify.
- mahmud 17y agoThis is crucial. He is a tech startup angle, not enough literature for those, it's mostly gut feeling and personal experience. Hard to write valuation texts for this industry.