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caliventures
@caliventures
22H·

🥚betting on peace before it happened

2
5 Commenti
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TotallyLost@TotallyLost
22H
God does not favor the bold.
It just looks that way because the brave ones who survived and didn't go broke tell very cool stories.
And no books have been written about all the bold losers, so they are forgotten.

Or to put it in the words of Howard Marks
"There are old investors, and there are bold investors, but there are no old bold investors."
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caliventures@caliventures
21H
@TotallyLost partially true, yet there are also no timid and wealthy investors who made it from nothing.
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TotallyLost@TotallyLost
21H
@caliventures Let's put it this way: when Charles Munger says:

"The idea of diversification makes sense up to a point - if you don't know what you're doing. If you want the standard result and don't want to embarrass yourself, then of course you should diversify. But nobody is entitled to a lot of money if they take this view. It's like knowing that 2 plus 2 equals 4. Any idiot can diversify a portfolio."

By “if you don't know what you're doing” he probably meant you and me and 98% of this platform. 😅
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caliventures@caliventures
20H
@TotallyLost yeah, well I work with billionaires so I know what I’m doing hehe, actually built getquin as founding member lol. Like to see this thing ipo one day hehe
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TotallyLost@TotallyLost
19H
That might apply to your entrepreneurial endeavors...

But looking at your public portfolio ...

Let's say when you have your IOP payday, you could call @finanzfluss before you put it back on. (I'm assuming you know the number). 😘
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