I don't know too many of Ferris' investments, but the few I did know seemed like he would have to change the world almost to make them work. Whereas other investors might have a couple of moonshots like that, but they also have a bunch of investments that solve problems that people face right now, not ones they might face in the future.
I remember he was talking about those protein bars made out of crickets. And there is valid concerns about the future of food with synthetic meats etc. But cricket bars... I mean we are so far off from that being a mass selling product.
Eh that seems a bit harsh. Wasn't Ferris in Uber's pre-seed or seed round? Plus he mentions Facebook, Shopify, Twitter and Alibaba on his AngelList. I'm pretty sure if you're one guy making $25-$100k bets and hit early on any one of those it is more than enough for you to be considered pretty good.
>Ferriss pulled out because he's no good at it. (Easier to be a charlatan in books rather than investing).
Can you elaborate on that? He's spoken about his startup portfolio being a disturbingly high portion of his net worth because it's grown rapidly and is illiquid.
That is proof of poor investing common-sense: startups, without a sensible inbound qualification pipeline, is just about the riskiest kind of investing. Would anyone want a foolish investor (apart from not caring situations) or rather have a shrew investor whom can add value?
Brand Ferriss LOL. The thing that really sold me on his nut-content was an old blog article which mentally-wandered into mystical, utopian BS.
Too many startup people worship someone, someone they don't really know anything about, like a god just because they can project their hopes and desires on someone whom has mantained their vagueness with elusiveness and seductive propaganda. Like a pied piper for the purposes of manufacturing memes for profit.
I remember he was talking about those protein bars made out of crickets. And there is valid concerns about the future of food with synthetic meats etc. But cricket bars... I mean we are so far off from that being a mass selling product.