Just on a quick scan we've got Graham, Buffett, Soros, Taleb... those are before I need to go and look up personal net worth for some of the other names. I'd bet on Burton Malkiel having done alright for himself, too.
Graham, Buffett, Soros – sure, ok, although I doubt they're giving away the keys to the kingdom in their books. Buffet himself is notorious for saying that great ideas are proprietary and not to be shared. In the investment world, in stark contrast to the tech community, ideas are as valuable as execution. Even in VC proprietary dealflow is considered to be valuable.
There is actually some controversy as to how much money Taleb made from trading and portfolio management as opposed to writing.
Right, so your argument is what? That no valuable idea is ever written down? Or that no written down idea is valuable? Why would either of these be true?
Just on a quick scan we've got Graham, Buffett, Soros, Taleb... those are before I need to go and look up personal net worth for some of the other names. I'd bet on Burton Malkiel having done alright for himself, too.
Graham, Buffett, Soros – sure, ok, although I doubt they're giving away the keys to the kingdom in their books. Buffet himself is notorious for saying that great ideas are proprietary and not to be shared. In the investment world, in stark contrast to the tech community, ideas are as valuable as execution. Even in VC proprietary dealflow is considered to be valuable.
There is actually some controversy as to how much money Taleb made from trading and portfolio management as opposed to writing.
Right, so your argument is what? That no valuable idea is ever written down? Or that no written down idea is valuable? Why would either of these be true?
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