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but 9% seems very expensive way to do that, I think most likely he just likes it and has benefited greatly by the platform. the question, is it worth investmen
by tomatowurst 5y ago
but 9% seems very expensive way to do that, I think most likely he just likes it and has benefited greatly by the platform.
the question, is it worth investment?
- rossdavidh 5y agoWell if his 9% actually appreciates over time (by no means guaranteed), then the only real cost is any opportunity cost of using the money for this right now. Which, given the investment environment, may not be that large. So assuming that his stake grows in value over the long run, it's a very small cost, really.