recovering economist
I have been drawn to investments my entire life.
stocks, bonds, cashflows, PE ratios, dividends, etc…
This might be the easiest explanation as to why.
More often than not, there is nothing to do.
And capital allocation has never seemed like work.
The simple shuffling of K-1’s across my desk is a symphony to my ears.
I have been pondering this tweet thread on asymmetric opportunities for a few days now.
This is nothing other than tilting luck in your favor by doing things that have:
A) low potential risk
B) high potential reward
The 9 Examples:
But the asymmetric payoff of investing in startups has particularly piqued my interest at this point in my life.
For many of these, I am either already doing, or are no longer an option…
I blog, I tweet, I have been going to publish a book forever now…
But my wife would be less than pleased if I started dating again. 🤣
And yes – I wish I had considered all of this when I was 18.