[quote=Allan from Fallbrook]PR: Like I said, I’d be open to discussing it. I don’t consider myself an expert by any stretch of the imagination and, for the most part, my investment strategy over the years has been pretty staid and boring.
However, that said, I do think there are some unique opportunities out there. As with anything else promising significant upside, there is also significant downside and that’s where really good due diligence comes into play. My worry has been not having the time to focus on this properly and that amplifies the risk in my opinion.[/quote]
I don’t think we expect you to work miracles, Allan. I, and most of us, are pretty good at accepting that risk = maybe gain, maybe loss. If everyone contributed only what I did to the fund, the gains, if any, would be enough to cover a few beers, and any losses would just trigger a few more beers. To make it really worthwhile, and cover overhead, it would probably have to be $5-50 mill. I doubt we can swing that.
So for this idea, we Piggs are just either beer money and an excuse to learn (like flu), or we’re seed money for your 30-year plan to put Vanguard out of business. Cheers!
