"Looks to be some opthamologists from Chicago"
If they can't find this thread, they should have gone to Specsavers.
Surely you wouldn't just leave your money blindly to the VC's?
You'd at least Google what your money is going into, surely?
My video cannot be missed in either search.
I used to work in the City of London financial district (geographically, not in finance myself) and the density of betting shops there compared to the average high street at the time was a clear indication that high finance was just sophisticated gambling. You'd see brokers (in their trading jackets) wander out from one of the exchanges where they had been placing million pound bets trades and into the bookies where they'd place £1000 cash bets.
No matter what justifications (e.g. studying form) the average gambling addict puts forward we know that it's not a rational activity. Everything I've seen over the years suggests that holds true for high finance gambling trading as well.
Blimey, you're showing your age, I haven't seen trading jackets in the City for maybe fifteen years! I am not convinced there's a higher percentage of bookies in the square mile than any other place with a similar day time population, it's not something that's particularly stood out for me, but you may be right. Most of those who like a flutter (as opposed to an "investment" *cough*) tend to go in for spread betting - which is interesting because despite the name, bizarrely spread betting regulated by the FCA (Financial Conduct Authority) whereas a bookie is regulated by the Gambling Commission.
I don't have any first hand knowledge of how VCs function other than that I shared an office with one 20 years ago and did odd bits of IT maintenance for them. They invested in Pringles is about all I remember, of course they wouldn't be boasting about their failures. They always kept themselves to themselves despite being part of the same company I was doing work for, they were quite aloof. Even then, VCs didn't have a particularly good name. I wonder if they ever have among the general public?
What does have a grain of truth here is an underbelly of coke snorting Gordon Gekko wannabes. You have to know where to look, but it's not difficult to spot. Typically they spend their lives networking after work into the early hours, making sure that when they can rely on someone to give them a job when they get managed out. Usually they jump before that happens. The trait is that they barely last about 18 months before moving on, but there are other slightly more subtle traits such as being risk takers, and lacking empathy, i.e. not particularly nice examples of human beings. What I've never figured out is how they manage to survive so long doing this: in my line of work reputation is quite key, and it's difficult to hide. It's not at all unusual for a CV/resume to come across my desk and I know who they are.