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Wow...finally. This is happening in public companies too btw. Draper Esprit, Scottish Mortgage Trust, Woodford (he was marking up his "genius" cold fusion play
by hogFeast 7y ago
Wow...finally. This is happening in public companies too btw. Draper Esprit, Scottish Mortgage Trust, Woodford (he was marking up his "genius" cold fusion play all the way...this is real life, 2019, amazing)...the way positions are marked is very suspect, and the general public just doesn't understand (they see NAV as cash in the bank).
- onlyrealcuzzo 7y agoWould you mind going into a little more detail? I'm intrigued, but I don't even know where to start learning more about this.
- hogFeast 7y agoJust read about accounting so you understand how different assets are valued (i.e. the difference between an asset that is marked-to-market and marked-to-make believe). And then start looking through public companies that hold private assets (i.e. they will report financials to the SEC or wherever).