Last week, a start-up called WeWork raised $1 billion. This young company is now valued at about $21 billion… which means its earliest private investors are sitting on estimated gains of 2,000X their money.
There’s no chance [this device] is going to get any significant market share. — Steve Ballmer, Microsoft’s ex-CEO There is nothing revolutionary or disruptive about this technology.
George Clooney has done pretty well for himself over the years: He’s been a leading man on TV shows like ER and movies like Batman & Robin… He’s earned Academy Awards for acting and producing… And he’s had huge commercial success with the Ocean’s trilogy.
Start-ups are my all-time favorite type of investment. After all, the returns are 3x to 4x higher than stocks… It’s fun and exciting to learn about cutting-edge technologies… And you can help create jobs and boost the economy.
I started working on Wall Street in 1988… And it was during that very first year that I learned one of the most valuable investing strategies of my life. Not only has this strategy helped me avoid making some terrible investments… But it’s helped me earn millions of dollars.
After a certain point, you can’t get more wet. I learned this lesson when I was 15-years-old, riding my bike through a torrential downpour to get to my girlfriend’s house.