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Why is SoftBank so bad at investing
by highwayman47 3y ago
Why is SoftBank so bad at investing
- ShrigmaMale 3y agoscale. producing that level of return on that amount of capital is nigh on impossible. this makes them structurally worse investors, combined with a fixation on bubbles and unfortunate timing.
- yieldcrv 3y agothey’re far worse than much larger sovereign wealth funds who also take moonshots dont make excuses for these degenerates, we can appreciate their economic stimulus without the window dressing
- odyssey7 3y agoSoftBank or its investors might view WeWork as a hedge against something else. The overall portfolio might make sense even when some individual investments go south.
- rchaud 3y agoFor WeWork to be a hedge, Softbank would have had to hold a very big short position on a company whose creditors it owes billions to.
- Aunche 3y agoThe $100 billion they made from AliBaba gave them a lot of headroom to fail.