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There are 1000s of startups on the anti-portfolio list. Only the winners are shown. Investing in startups is hard.
by confluence 14y ago
There are 1000s of startups on the anti-portfolio list. Only the winners are shown.
Investing in startups is hard.
- dyno12345 14y agoIs it even better than random? This anti-portfolio is so impressive it seems to suggest a strategy of investing a small amount in all but the stupidest rather than even trying to pick winners
- confluence 14y agoYes. Being better than random is a particularly low bar to pass.
- dyno12345 14y agoIs it so hard to believe? We still put hundreds of billions into mutual funds that aren't better than random