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Comment by tptacek

Plenty of Americans also want to invest in consumer products they believe in and support; a whole major consumer financial brand, The Motley Fool, was premised on consumers picking winners by investing in products they like. But it turns out that's not a very good idea, and virtually every retail investor is much better off investing in the market as a whole than they are in trying to pick stocks.

I'm asking: how could the situation be any better with companies that at best have a 1/10 chance of not abruptly ceasing to exist within 2 years?

Individual startup equity for retail investors is a bad financial product. We all know that to be true; it's weird that we're somehow able to pretend otherwise for the sake of argument.

parent tptacek 11 years ago

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