Quote:
Originally Posted by MelBridgeman
A prudent investor would indeed put more effort into due diligence in order to minimize risk and increase the likelihood of a successful investment. While luck certainly plays a role in the outcome of investments, particularly in startups, the best investors work hard to stack the odds in their favor through thorough analysis and strategic decision-making.
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What if one investor had more money so they hedged their bets by investing in both companies?
Did they put more or less work into the investment in the company that failed?
I’m just asking in the hopes of learning how to be as sharp as you are when it comes to whatever it is you’re doing better than everyone else.