“We should lionize entrepreneurs…who take bold risks by investing to make our lives better...Buffett’s whole method…is to minimize risk by building moats while investing to buy a greater share of what already exists.” Yes. Shame how Warren's lionized but Masa's attacked.https://twitter.com/some_dude000/status/1268926718271803394 …
I agree with you. I forgive warrens stacking of profitable moated companies because I think he uses his platform as super rich guy for good, but yes Masa is unfairly attacked and should be lauded much more. Not as much as Elon but more than Buffett, excepting return differential
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I’d also argue that taking 100 billion from the Saudi’s for tech investment is a great thing for the world. Better to build global tech companies than more towers in the deserts.
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He didn't take all $100B from Saudi, but yes, that money being directed in startups that will hopefully change our lives for the better is great. WeWork deserved to be criticized - the entire fund and all of SoftBank didn't.
End of conversation
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