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Agree. I get to those levels of returns (40%ish) with much less capital so I am sure he will do it as well.
Returns are much easier on less capital. That is why my firm is thoughtful about how much we raise from LPs because we have a performance target we want to ensure yoy
He’s also the best investor that has ever lived, of course he can. Us mere mortals do not have these results.
Minervini works at McDonalds I guess
His connections/exposure to opportunities would make quick work of that, I’d imagine
Yes, it’s true. The maths to above market returns gets harder the more you’re investing.
Yes, that return is pretty easy with small companies (obviously if you're backing the right horse).
For example, I have this boring oil driller named $val with no exciting business model and booking 35% since last year ($56 to $75). Howerver, any investment above a few millions would become a hostile takeover as their market cap is only $5B.