Avoid the Unforced Investment Errors Even Billionaires Make
The Big Picture
APRIL 17, 2025
An instructive war story : During the mid-1990s, a grad school buddy took a senior job at a tech startup that came with lots of stock. This was impossible, and I said so: Either you guys are either going to win the Nobel prize in economics or go to jail. In late 1996, they were bought by Yahoo! There is nothing in between. (I
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