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While investing is business, the blog post is definitely altruism, which is why I encouraged you to be more polite. I re-read the article to make sure my secon
by vessenes 16y ago
While investing is business, the blog post is definitely altruism, which is why I encouraged you to be more polite.
I re-read the article to make sure my second point also holds: the 10% (over three years, so really more like 3% if you are looking at IRR) is only calculated on actual current exits.
About half his portfolio is still indeterminate. Barring seriously weird circumstances, he will do very well overall on this crop of investments, especially considering that he started in 2006.
That said, keep on with your current strategy. Everyone has a place.
- joshklein 16y ago"Only" made 10%, and starting in 2006 and proceeding directly through to the world bottoming out? I think the previous commenter you are responding to must have been joking.
- apu 16y agoSadly, one cannot give trolls the benefit of the doubt. http://news.ycombinator.com/item?id=1963971 http://news.ycombinator.com/item?id=1963971
- vessenes 16y agoThis gives me an idea; perhaps PG could deliver some sort of anonymized hash of poster IPs to us so that a user can choose to ignore everyone from the anonymized IP. I'm reminded of old-time slashdot -- I banned jonkatz from showing up anywhere on my slashdot pages. It was bliss.