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. These two possibilities a 10-fold increase versus a 90% drop are roughly symmetrical in terms of math (but probably not probabilities). In late 1996, they were bought by Yahoo!
Let's personalize your content