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2025-01-16 13:16:52 UTC
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Kent Ray Willard on Nostr: The saying, "A compensation scheme masquerading as an asset class," applies to more ...

The saying, "A compensation scheme masquerading as an asset class," applies to more than hedge funds.
The secret to vast wealth is to raise and risk other people's money (investors, banks, governments) - then get lucky. The secret to moderate wealth is to do the same but be unlucky. The essential skill is self-marketing genius.