individual investors

“The doll bar research indicates that individuals underperform the market, not by 10 or 20 basis points, not by half a percent, but by four to four and a half percent, depending on the time period.”

“It's very important to look at this as a business that is At least a decade long fund at a time, and you never really know the results of your fund's performance for some number of years. So you need to get investors who are very patient, and you have the you …”

“I think that the center of gravity has shifted to your point, largely to the individual investors. And I think there's very few firms that have kept up with that shift in the center of gravity.”

“My advice to everyone out there that, like, emails me, hey, can I invest in Sastra Fund? Don't put money into any of them, is my advice to individuals. To individuals because I don't even think everyone's full of shit. I think even making three, if you do a se…”

“The truth is the number of times that as an individual investor, you're in a company that's so fricking amazing that there's a free liquid secondary market where you're in early enough that you have a big enough hit to move the difference is low. If you have o…”