Fun piece! I'd note only that VC will usually take a decade to get the sweet returns even if you got lucky and only picked Facebooks. Also that in a note reminiscent of CDOs (if you're skeptical) and better risk adjusted returns (if not) there's an interesting bit where combining the instruments en masse gives some interesting investment strategies. But gambling is a heady drug.

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Mar 7, 2022Liked by Market Sentiment

Another masterpiece of article.

Ironically, one can now (try to) invest in russian companies for high risk strategies.

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Definitely you should only place a small amonun into this strategies.

But place something...

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