Quote from: windjc on September 07, 2014, 11:35:04 PM

Quote from: Nxtblg on September 07, 2014, 10:56:14 PM

Quote from: jl777 on September 07, 2014, 05:04:46 PM

If you read this thread and I think the other investors would prefer that you spend an hour reading the thread than me spending two hours responding to questions...
James

It doesn't hurt that much, really. Funny...I spent a full day doing the due diligence for this project, until I was privately satisfied, but I only threw ~two hundred and fifty bucks into it.

Interesting. I studied JL777s work, performance and personality for 8 months. I bought 10k tokens.

Maybe there's a coorelation between time and investment?

Now that you mention it...there at least should be. I'm sure it's the case for VC operations, mutual funds and other institutional investors wrt lil' ol' me, but that's largely because they're held to special performance standards due to laws & regulations applied specifically to them as professionals. If they don't put in a lot of careful work, they can be hauled into a court of law or even charged with a crime nowadays.

In the ordinary individual-investor world? I don't know. Back in the days when I was plowing around in the penny-stock market, I would commit thousands of $ on a stock on no more than basic due diligence and a hunch. My father, he once bought [redacted for privacy] shares of a big Canadian bank back in late '08 or early '09 solely on the basis that said back was a "good credit" - his phrase. And he's made out rather well!

Trouble is that two-word phrase encompasses a lot of tacit knowledge...decades' worth, in fact.

So there you go. You exposed me as a pedant who likes to jump into rabbit holes.