Tuesday, June 20, 2006

The power of pooled money

I would like to discuss what I believe is an important point, and that is the value of pooled money. An investment group can accomplish so much more than an individual. From what I have seen so far, in general the larger the deal, the greater the profit. A primary benefit of pooling money together is that it provides financing for projects that I would not be able to undertake as an individual, and hence access to greater profits. A second benefit of pooling money is that it provides diversification - the group can invest in many projects simultaneously and the group member can spread his/her investment money across those various projects, which provide both geographic and sector diversification.

I've also found investment discussions with other group members to be enlightening. Some group members have already analyzed all of the paths I am just starting to explore, and can provide their experience, analysis, and opinions. There are also a few sharp accountants in the group, and I find it fun to learn from them.

4 comments:

MillionDollarCountDown said...

I assume that you refer to projects outside the domain of trading stocks, options etc.

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Anonymous said...

Very good stuff.

Anonymous said...

Sounds good, I like to read your blog, just added to my favorites ;).