Those who think SBF is an investment genius are actually just thinking like retail traders!
Investing in the secondary market definitely requires vision.
But the primary market is a different game; it's more about connections, resources, and information asymmetry.
If we could get into that circle, we might also invest in those projects. At the very least, other big players in that circle wouldn't be losing to SBF.
We should never assume that SBF is some kind of investment genius just for that reason!!!!
Investing in the secondary market definitely requires vision.
But the primary market is a different game; it's more about connections, resources, and information asymmetry.
If we could get into that circle, we might also invest in those projects. At the very least, other big players in that circle wouldn't be losing to SBF.
We should never assume that SBF is some kind of investment genius just for that reason!!!!