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Don't relate to this at all. Our LPs are high net worths and family offices (no institutions). Many have been extremely successful in their own careers (some in RE, most not). Have learned an enormous amount about business and, more importantly, life from our talks.https://twitter.com/PlaceboCapital/status/1264629378408988676 …
Sadly, I'm not sure this is true in institutional asset management.
“Muppets”, famously. Still, though, it’s obviously disrespectful and probably correlated with weaker shops.
Except for Oracle
Don’t know the space, but to elaborate on my point: 1. Bad karma 2. They’re usually right
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