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This is so sad. Masayoshi Son is an ego investor trying to prove himself with the likes of Warren Buffett by making massive bets in an industry he doesn't under
by johnwheeler 6y ago
This is so sad. Masayoshi Son is an ego investor trying to prove himself with the likes of Warren Buffett by making massive bets in an industry he doesn't understand. Coming off the WeWork debacle, he's gambling the money of others' for the sake of his own reputation. Unlike Buffett, he's largely unproven and using a far greater percentage of O.P.M. (Other peoples' money) than his own.
- bitxbit 6y agoThis right here is the answer. He couldn’t stomach his unicorn investments going to zero. This gambit sort of worked but his real assets are still illiquid. He’s still need to be able to exit them.