Sublime
An inspiration engine for ideas
BLOOMBERG ARTICLE ON SYSTEMIC RISK FROM PODS
Some interesting points in this Bloomberg article on multi-manager funds.
A couple points stood out to me, and there were a couple points I would add. What stood out:
1) PODS ARE BIG. 30% of HF GMV per GS report (does... See more
The net worth of Ray Dalio, founder of Bridgewater Associates:
$22,000,000,000
Bridgewater is one of the biggest hedge funds on Earth.
How did it get so big?
A portfolio strategy 100s of PhDs developed over 10+ years.
__... See more
This is Bill Perkins.
He's worth 100s of millions, a hedge fund manager, poker player, asymmetric thinker...
And my smartest mentor.
Steal his 7 principles on how the rich think differently: https://t.co/NWqJZAVMZY
There are some important changes underfoot in private markets:
1. Returns are compressing - few funds are able to consistently achieve the necessary spread over the risk-free rate to justify fees and illiquidity.
2. LPs are segregating bi-modally: 1) a growing group of smaller family office... See more
Chamath Palihapitiyax.comBill Ackman: "One thing I believe is that the private equity, venture capital and real estate portfolios are mismarked"
Ackman on Harvard and Yale endowment's exposure to private equity and VC. One of the best clips I have seen
From his recent interview at University of Austin https://t.co/MZN2CpITDN
Boring_Businessx.comThe best example of this alternative product is Indie.VC, run by Bryce Roberts. Over the course of 6 years, Indie invested in 40 companies. It held the two key components of limited fund size and gave equity optionality through redemption clauses or equity buybacks. The results are encouraging, with a 51% IRR and 4.3x TVPI, while 87% of the compani... See more
Evan Armstrong • Venture Capital Is Ripe for Disruption
The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend
amazon.com
Garry Tan isn't just the CEO of Y Combinator.
He's also a passionate writer, has a YouTube channel with 251,000 subscribers, and once turned a $300k investment into $2 billion.
Here are 10 of his best ideas:
1. How to write a good YC application: Teach the read... See more