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E80: Recession deep dive: VC psychology, macro risks, Tiger Global, predictions and more
All-In with Chamath, Jason, Sacks & Friedberg
Investing Is Very Hard, Ido Not Market
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Of those one thousand 276 private equity funds or growth funds, how many do you think have actually managed to return more than two point three times the money? 22 of them like hunder two %. Investing is very hard. Ido not market everybody looks like a genius. All these funds come up with all their nonsensical ways of showing i r ours and all these fakue gymnastics. But the truth is in the data. The minute you get over your ski tips at a billion dollars, very few people know what they're doing.
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