Does Time Heal All Wounds?

  • Posted by
  • on March 11th, 2010

Nope!

As I was getting the grey removed from my hair today, I started thinking about Nadsaq 5,000.  I mean…all those Nasdaq points and not one good hair or aging solution…

It has truly been an amazing 10 years since Nasdaq 5,000 in March 2000. It was a pretty amazing two years leading up to that as well.

I started my small hedge fund in June, 1998 and knew amazingly little. I can’t believe how little I know 12 years later.

Ten years from now, I will have no hair on my head and cabbage size patches in my nose and ears and time will be my enemy.

In January of 2000 I invested in a Q round of Cars Direct. A sure thing. It’s finally public and I am still down 90 percent. Time just makes that pig hurt more. As part of that same deal, I HAD to invest in Viva.com. It was the horse with three legs and it should have died a horrible death. It became Rent.com and was purchased by Ebay for $450 million in cash after almost shutting down in 2001. I am a genius and time can’t stop me biiitches.

I could go on but it would cut into my Twitter time.

There is only one lesson…stay in the game. Yutz’s like me are surviving and thriving.

Fat pitches are everywhere.

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