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> So they're a 5x fund. But that's really...not that good...(at least it's not world class). a 5x return on an _investment_ isn't that good but a 5x return on
by philipodonnell 7y ago
> So they're a 5x fund. But that's really...not that good...(at least it's not world class).
a 5x return on an _investment_ isn't that good but a 5x return on a _fund_ is very good.