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Comment by infecto

2 months ago

For every one public headline failure there are hundreds of profitable executions that never get mentioned.

I think the general rule is more like they expect only 1 in 4 to work out, but that 1 works out good enough for the rest.

  • Depends on the firm but even when we say 1 out of 4 it is not the case that the other 3 are wild failures.