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Money Stuff I Was Told There’d Be a Cake Merger
- Author: instapaper.com
- Full Title: Money Stuff: I Was Told There’d Be a Cake Merger
- Category: #articles
- Read on: 2022-07-18
- URL: https://instapaper.com/read/1521178696
Highlights
- The model trained on the worst firms appears to prioritize founder details, whereas the model trained on the best firms appears to prioritize product details. (View Highlight)
- Private markets are importantly different from public markets. If you think of a better way to do public-market investing, you can just do it. The stocks are public, you can buy the good ones and avoid the bad ones. Private markets do not work that way. You can only buy the stocks that you’re invited to buy. (View Highlight)
- Making bad investments is a way to be part of the club, and being part of the club gets you the deal flow that gives you the good investments.” (View Highlight)