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> Son does not have the sort of goodwill from partners that someone like Buffet has to sit on a giant pile of cash until good investment opportunities emerge.
by H8crilA 7y ago
> Son does not have the sort of goodwill from partners that someone like Buffet has to sit on a giant pile of cash until good investment opportunities emerge.
That sounds like a recipe for disaster.
But yeah, big money doesn't have to be very smart, in principle. Like this pitch, 45 minutes for $45B dollars from the Saudi prince:
https://www.economist.com/business/2019/03/23/masayoshi-son-prepares-to-unleash-his-second-100bn-tech-fund https://www.economist.com/business/2019/03/23/masayoshi-son-...
This article has another good quote:
> The stockmarket, for its part, values SoftBank itself at a steep discount to the sum of its listed constituents (see chart 1), despite a $5.5bn share buy-back in February. Worries that Mr Son is paying over the odds are thought to be a big factor. Take WeWork: when Mr Son slashed his investment to $2bn, SoftBank’s shares leapt by 6%.
- vikramkr 7y agoI definitely think that it is a recipie for disaster. Son already lost the most money if any person ever. He's the most qualified person I can think of to do it again.