3 ms·
the idea that there's nowhere to put capital without a ballooning or nosediving market is a thread in the mental straitjacket that untethered us from reality in
by walleeee 4y ago
the idea that there's nowhere to put capital without a ballooning or nosediving market is a thread in the mental straitjacket that untethered us from reality in the first place
there is an ocean of opportunity, it's just that investing in it is less likely to maximize alpha and more likely to benefit all our children and grandchildren at some immediate financial risk to ourselves and direct dependents
- fullshark 4y agoEasy to say when it's not your money, I'm mostly hunting alpha and not surprised most institutions are as well... except maybe big educational / charity endowments who presumably have nobler goals.