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This does not stand up to scrutiny at all, for any kind of investing. There have not been so many VC/hedge/PE funds in history that the top ones would arise thr
by bidirectional 5y ago
This does not stand up to scrutiny at all, for any kind of investing. There have not been so many VC/hedge/PE funds in history that the top ones would arise through chance.
- SanFranManDan 5y agoI mean you can get ten thousand monkeys throwing darts at a board full of companies as an investment strategy, and a handful of those monkeys will be top performers with excellent returns.
- prepend 5y agoHow many vc/hedge/pe funds were there? How many funds around today were here 20 years ago. Failures don’t typically advertise and it’s quite likely there ARE/WERE thousands or millions of small firms managing a few million each.