3 ms·
Or just investments in an index fund. I know someone who mad a pretty big pile of money at a company and he told me that he could have done a lot better than an
by ghaff 2y ago
Or just investments in an index fund. I know someone who mad a pretty big pile of money at a company and he told me that he could have done a lot better than angel investing. He still does some--but only companies he particularly believes in.
- bathtub365 2y agoHow does he know he could have done better? Did he actually calculate a realistic rate of return for high risk short term investing or did he assume he would reliably pick winners?
- ghaff 2y agoI assume he just looked at his rate of return vs. NASDAQ/S&P over the same period. A lot of people here assume that startup investing is a road to wealth (that's only open for the wealthy) and that mostly isn't true.