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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Lost1 who wrote (2316)6/19/1999 4:31:00 PM
From: accountclosed  Read Replies (1) of 63513
 
Luc has said that Venture Capital activities have been pretty much halted pending an environment with lower valuations.

One of my many debates with him is that being a mega bear is incompatible with his career. My argument was that his career on hold is already a big big bet on lower prices...why risk the portfolio, too. It really sounds like he wins in only one scenario: a big kahuna.
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