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You can still put money in an index fund (e.g. anything from Vanguard) and get reasonable returns (better than most investors at least).
by jeffreyrogers 12y ago
You can still put money in an index fund (e.g. anything from Vanguard) and get reasonable returns (better than most investors at least).
- gphil 12y agoIndeed, the risk-adjusted returns for VC as an asset class are bad compared to other options. I think there's more to the story than "the rich are running out of places to put their money."
- mathattack 12y agoYou can, but many investors are concerned about the stock market as a whole being overpriced. "Bonds are overpriced, Commodities are overpriced, Equities are overpriced, and Real Estate is overpriced. When rates go up they will all tank." Of course this is a first world problem. I used to say "Invest in your own human capital" but I took a look at the cost of private schools nowadays, and they're overpriced too. :-)
- ryandvm 12y agoI'd hate to see what those investors think of paying 10 billion for SnapChat...
- mathattack 12y ago"Oh sh*t we should have gotten in at 3"? :-)