3 ms·
When you have $1M to invest you have a ton of options. When you have $100B to invest, your options are more limited.
by baobabKoodaa 7y ago
When you have $1M to invest you have a ton of options. When you have $100B to invest, your options are more limited.
- pmiller2 7y agoI don’t think that’s true. When you have $100B and are hoping to earn a 10x return, your options are limited. $100B is only about 2.5 the size of Harvard University’s endowment, IIRC. You could manage that $100B like an oversized hedge fund and still make money, but probably not 10x returns.
- dragonwriter 7y ago> You could manage that $100B like an oversized hedge fund The largest couple hedge funds are in the broad neighborhood of that size, so perhaps not too oversized.
- baobabKoodaa 7y agoYour options are more limited even if you would be happy with steady-ish returns averaging 12%/year. There simply isn't as many options to choose from.