4 ms·
I did tell both when they asked that if they owned 10% of nothing when it was all said and done they would get exactly that amount ... Nothing, neither seemed t
by zbruhnke 16y ago
I did tell both when they asked that if they owned 10% of nothing when it was all said and done they would get exactly that amount ... Nothing, neither seemed to see that as an issue or a possibility, I guess maybe that was part of the problem. I want them to realize it could really happen!
- davi 16y agoIf you can't make your friends and family realize there's a good chance they'll lose all their money by investing in you, and the amount of money they'd be investing is a nontrivial fraction of their assets, you can't ethically take their money. You have an obligation to look out for the best interests of your friends and family -- i.e., to take care of them -- whereas your only obligation to professional investors is to honor your contracts.