654. Is the Public Ready for Private Equity?

Let's say you find yourself with some money to invest. Where do you want to put it? Maybe you really like sports and you think you're good at picking winners, so should you go heavy on sports betting? Sports betting, zero sum. And there are fees, so your expected return is negative.

So you better get some fun out of sports betting or you shouldn't do it. All right, so that's probably not a good investing option. Any other ideas? The worst are lotteries. The lottery, your expected return is terrible.

How about investing in cryptocurrencies? Crypto is very volatile, but if you're paying low fees or low transaction costs to trade, It's a fair bet. Do you know if crypto is going to go up or down? I don't.

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