39 ms·
> He has evidence of excessive risk taking (Tiger Global's returns) Loss does not prove excessive risk, even excessive loss. There is always a risk of loss in
by cmeacham98 4y ago
> He has evidence of excessive risk taking (Tiger Global's returns)
Loss does not prove excessive risk, even excessive loss. There is always a risk of loss in any investment.
Whether this was 99% going to happen, or Tiger Direct was very safe and this is a 1/10000 case of bad luck cannot be determined by looking at the amount lost.