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Sure, or we can think of it in the same way we thought about their investment in Citigroup in 2007, their investment in Uber in 2016 or their investment in Snap
by kchoudhu 8y ago
Sure, or we can think of it in the same way we thought about their investment in Citigroup in 2007, their investment in Uber in 2016 or their investment in Snapchat this year.
They are masters of market timing... just not the good kind.
- sf_rob 8y agoIf you have data to suggest that their risk adjusted returns are abysmal then that would be very interesting. I don't see the point of picking 3 investments from a fund worth hundreds of billions and presenting it as data that they are underperforming.