The SoftBank Miss of $150 billion
Quote from Ndubuisi Ekekwe on June 22, 2024, 5:02 PM
You bought shares in a company and made $3.3 billion when you sold. But if you have waited for 5 more years, you could have made close to $150 billion. That is the case of SoftBank CEO Masayoshi Son who missed Nvidia rally!
Lesson: these mega billionaires are like us; they cannot time and predict the future. Their main advantage is that they have more resources to keep trying for better outcomes: "Undeterred by past missteps, Son is now channeling his efforts into a new $100 billion fund dedicated to artificial superintelligence (ASI)."
You bought shares in a company and made $3.3 billion when you sold. But if you have waited for 5 more years, you could have made close to $150 billion. That is the case of SoftBank CEO Masayoshi Son who missed Nvidia rally!
Lesson: these mega billionaires are like us; they cannot time and predict the future. Their main advantage is that they have more resources to keep trying for better outcomes: "Undeterred by past missteps, Son is now channeling his efforts into a new $100 billion fund dedicated to artificial superintelligence (ASI)."