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by iav
2117 days ago
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True, and if I recall Apple is even a “small” LP in the Vision Fund. So Tim Cook could have bought his own stock but instead thought giving a few billion to Masa was a better trade! But hindsight is 20/20 and we don’t know what the fund is ultimately going to return. I have friends who work there - the sad part is the amount of sheer work that had to be done to keep the returns where they are today, restructuring old investments and squeezing every drop from the winners to make up for the total write offs. |
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