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Okay, so you are just not into Ferraris. I would not buy one, either. I saw it as an example for something expensive, that you buy just for fun. A single unhedg
by allendoerfer 11y ago
Okay, so you are just not into Ferraris. I would not buy one, either. I saw it as an example for something expensive, that you buy just for fun. A single unhedged angel investment is such a thing, too.
In the first comment you argued differently. You said, that that even most millionaires can not afford to buy a sports car. I would say, that a single startup investment outside of any investment plan is an even higher luxury. It is comparable to spending thousands of dollars in Vegas.
A Ferrari loses some of its value, in exchange you get fun. A startup will most likely fail completely. Additionally a Ferrari is much easier to liquidate again.