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Mbwagava05/03/20251 replyview on HN

Hell, investing in general is a "mug"'s game (never heard this phrase before) if you go by per-capita return. It's the exceptionsl performers that make an outsized contribution to revenue that floats the whole boat.


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sanderjd05/03/2025

I read the point as being that angels can't really afford to invest broadly enough to hit those exceptional performers.

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