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Are You a Great Investor?
If you have a four hundred fifty million dollar fund, I think terrific is anything north of six to eight X net. Put you in the top five percent top two percent, which by the way, all of the graphs that every academic throws up there, like if you're not out on that right hand end of the curve, it's pretty uncertain. It's worth the lock up timeframe and the risk. Now, all of that has gotten mushed about by a total overabundance of capital trying to get into the system for the last 10 years. But that's it in the long term.