Over the past two weeks, we’ve introduced you to the basics of private market investing… From why you must invest in the private market, to how to set up your portfolio for the best chance of success.
Last week, Wayne and I dropped a bombshell on you: We showed you why every investor today (including you) needs to allocate at least some of their money to the private markets.
When you screw up the majority of the time, things don’t generally turn out so well. For example, think back to your days of taking tests in school: If you answered two-thirds of the questions wrong, you failed.
Last week, a start-up called WeWork raised $1 billion. This young company is now valued at about $21 billion… which means its earliest private investors are sitting on estimated gains of 2,000X their money.
Have you seen the news lately? “Cyber Attack Spreads Across 74 Countries” – Fox News “Massive Ransomware Cyber-Attack Hits Nearly 100 Countries” – The Guardian “Russian Hacking in the U.S.
There’s no chance [this device] is going to get any significant market share. — Steve Ballmer, Microsoft’s ex-CEO There is nothing revolutionary or disruptive about this technology.
It was 1964 when Bob Dylan wrote the song, The Times They Are A-Changin’… And boy, was he right: Over the coming years, we put a man on the moon… We invented the Internet and the World Wide Web… And new technology products have catapulted our world forward, destroying old…