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It seems like the general premise is to stay resilient even when the world is skeptical.
But for these funds are for the already wealthy right? We can’t be part of this fund?
I sure can't
Me and you both.
Like I read these letters it’s like the rich stunning on us regular poor folk.
From Buffet to this guy. I know the community love Ross Stevens but I see the bragging about the returns at the end and it’s like man good for you! Why make us read 1000s of words to humble brag about how well your investments are going.
I guess we are to use them for inspiration? and to be come better capital allocators?
Honestly, after I visited the ego death capital offices and saw all of them - Ross, Jeff Booth, Preston, Lyn Alden, in that luxurious space, I thought to myself this can't be what Satoshi had in mind.
The luxurious accoutrements are a minute fraction of the funds they're working with and well worth the cost of making clients feel comfortable. I can't really blame them for the luxury, any company would do the same. Isn't it pretty cool that they even opened up their meeting to the public?
Well, it wasn't open to the public. I happened to represent a business they were looking to entice into investing. For the record, no investment was made. I just went there to look around.😀
As a representative of the CA Billionaire's Luncheon, I think I should go look around as well.
It was a hell of a lot of fun. I did a write up. Although the conspicuous wealth was a little off putting (Ross inviting everyone to look at his first edition of The Wealth Of Nations), the Wolf incubator was inspiring and very cool.
Hahahah
Yeah absolutely but we can still be critical it is hard to stay humble once wealth is amassed
Hahaha 😂 I am sure they are all good people but maybe they are trying move into the next echelon of wealth.
And need us regular folk to pump their bags as they climb up!
That's the way they always are, but they have good information. I usually skim it once then read it slowly.