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Also I should note that I am not saying their is no risk in investing. Even for Sequoia there is risk. I am that the the risk that exists does not cause high re
by henrymercer 12y ago
Also I should note that I am not saying their is no risk in investing. Even for Sequoia there is risk. I am that the the risk that exists does not cause high returns. I am that this statement is wrong: "to the extent capital reaps high returns, it is by assuming risk." Sequoia reaps returns by avoiding risk, if it had even better vision into markets and companies it could reap even higher returns.