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Picking winners among the many young companies seeking money is a tough business, even for the most sophisticated investors. Indeed, most professionally run venture funds lose money. For individuals, it's pure folly. Buy a lottery ticket instead. Your chance of winning is likely to be higher.
Steven Rattner
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"Picking winners among the many young companies seeking money is a tough business, even for the most sophisticated investors. Indeed, most professionally run venture funds lose money. For individuals, it's pure folly. Buy a lottery ticket instead. Your chance of winning is likely to be higher."
— Steven Rattner #moneywealth

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Picking winners among the many young companies seeking money is a tough business, even for the…

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Picking winners among the many young companies seeking money is a tough business, even for the most sophisticated investors. Indeed, most professionally run venture funds lose money. For individuals, it's pure folly. Buy a lottery ticket instead. Your chance of winning is likely to be higher. — Steven Rattner

About Steven Rattner

Steven Rattner was a Businessman from United States (1952–present).

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Frequently Asked Questions

Who said "Picking winners among the many young companies seeking money is a tough busines…"?
This quote is attributed to Steven Rattner, a Businessman from United States.
When did Steven Rattner live?
Steven Rattner lived from 1952 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.