Imagine two hypothetical founders/inventors/futurists/icons. Person A identifies an opportunity (say, cryptocurrencies), allocates a portion of his or her wealth and efforts to capitalizing on that opportunity, but caps their risk in a way that prevents against total ruin in case they are wrong. So for example, they start a crypto trading firm, but they don’t liquidate their 401k and take out a second mortgage on their home to become >100% leveraged long in crypto. When crypto becomes a hot bull market, they sell a few coins and become millionaires — not billionaires — and go on to live happy, anonymous lives.
Against crypto boy kings
Against crypto boy kings
Against crypto boy kings
Imagine two hypothetical founders/inventors/futurists/icons. Person A identifies an opportunity (say, cryptocurrencies), allocates a portion of his or her wealth and efforts to capitalizing on that opportunity, but caps their risk in a way that prevents against total ruin in case they are wrong. So for example, they start a crypto trading firm, but they don’t liquidate their 401k and take out a second mortgage on their home to become >100% leveraged long in crypto. When crypto becomes a hot bull market, they sell a few coins and become millionaires — not billionaires — and go on to live happy, anonymous lives.