‘So many folks in the venture capital business are sheep that just want to follow the herd. They are momentum investors purchasing highly illiquid investments. That is a recipe for disaster.’ Fred Wilson Many years ago, I was asked to consult with a couple of venture capital partners. Essentially, those two individuals decided it would […]
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Good Week For Stocks, VP Debate Results, and Problems In Sports Viewing!
The Future Is No More Uncertain Than The Present. Walt Whitman The definition of certainty is the quality of being reliably true. The investment world centers around the principle of cash flow, and discounting the value of the stream back to the present in order to come up with a value of an asset. Much […]