1min snip

"The Riff" with Byrne Hobart and Erik Torenberg cover image

E34: Chamath & Tinder, Threads API, and the Difficulties of Scaling AI Labs

"The Riff" with Byrne Hobart and Erik Torenberg

NOTE

Embrace High Variance People for Upside Potential

High variance individuals who alternate between bursts of activity and periods of inactivity present an opportunity for investors to only be exposed to the upside potential. This strategy can be particularly beneficial in the case of SPACs, where investing in assets before they de-SPAC can yield significant value. The success of this approach hinges on acquiring companies that attract retail investor attention, even if the outcomes are not always favorable. Market timing is crucial in this strategy, especially during periods like the SPAC boom when tech companies were facing challenges going public, limiting investment opportunities for average investors in early-stage companies.

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