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Yes. Maybe with an exception for VC which is expected to make a lot of long shots bets of which few pay off.
by searealist 4y ago
Yes. Maybe with an exception for VC which is expected to make a lot of long shots bets of which few pay off.
- tenpies 4y agoSee, in my book it's the opposite. I don't take financial advise from Tom Brady. I don't expect him - or even his money person - to do due diligence and provide me investment advice. But if I were positioned in one of the funds that invested heavily into a company that even a surface-level check would have revealed to have the controls, governance, and risk management of a lemonade stand, I would be withdrawing all my money, post-haste. You literally had one job to do.