Sublime

Now if you're a Collingwood supporter, you're probably quite comfortable with losing, so you may only need three years of living expenses. If you're inclined to freak out and sell at the bottom of the market, shoot for having five years of pension payments.

opinions until you’re blue in the face, but show me your balance sheet first. In a nutshell: start with about four or five good shares in the long term, diversify your investments across more shares for less risk and forget about short-term speculation. Five or six shares are optimal for diversification, as long as you invest in fairly diverse

As an angel investor you will do the same thing, but you must be even more ruthless than the Ivy-est of the Ivies. For every investment I make this year, there had better be 40 serious, passionate entrepreneurs sitting on my doorstep, of whom I will only invest in one. That means I need to be three times pickier than Yale, Harvard, and Stanford