MORR的动态

Transcript

So let me ask you a few lightning round questions if I could. What's the best investment advice you've ever received? Ohh, Warren Buffett, probably put all your eggs in one basket and watch that basket. Really know what you're doing. Really deeply understand the nature of what you're invested in. I think that's the most common investment mistake that you observe. I think it's the opposite of that. I think it's people basically they read about something in the paper seat on TV and take a flyer without deeply understanding it. If I gave you $100,000 tomorrow, what would you do with it? I'll put an S&P 500 index fund. Don't get fancy. And what mistake have you made in hindsight that you wish you hadn't made in the investment world? Ohh. So this is a very interesting aspect of venture capital. And for, for most, for most forms of investing, the mistakes are the investments you make where you lose money, right? In our world, it's the investments you don't make, right? Because if I make an investment in venture capital, I can make an investment I can lose than lose 1X, right? If, but if I don't make an investment and it goes up 1000 X, then I have to read about it every day for the next 30 years and think about all the money that I didn't make that could have made. And so all of the big mistakes. In my world are mistakes of Commission. There are mistakes of not making any investment. So with the pleasure of being a successful venture capitalist is what you enjoy building a company from scratch or at least helping somebody build it? Is that the great pleasure of being a venture capitalist? Yeah, you got to be to be a part of it, could be part of the team, you know, with with basically when these things work, it's amazing.