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by throwaway2018i
2853 days ago
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Just imagine if public equities were invested with this VC/YC approach. Our economy would be dead—imagine Blankfein boasting, "who cares about potential for future revenue, the CEO and his minions went to Harvard". Benjamin Graham, Warren Buffet, et al. all invest without a single care for the credentials of the education of the top 10 executives. Buffet invested in the Korean stock market without understanding a lick of Korean. |
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