Keine Notizen für die Folie
There’s a better link for the similar pace piece - I think Fred Wilson did a startup specific one at one point. Find later.
- http://en.wikipedia.org/wiki/Dollar_cost_averaging - http://robgo.org/2012/03/10/diversification-the-alternative-to-market-timing/
For the speculative part of your portfolio, you want to invest against the crowd. Many small losses will be canceled out by a few big returns.
Credit for the ideas behind this graph belong to Marc Andreessen and/or Peter Thiel.