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Every Investor Needs To Understand This Concept - David Friedberg
All-In Podcastยท 2025-08-27 15:00
I pulled some data together, Nick, if you could pull up the basics. I know we talk about this a lot, but I thought it would be good to show the difference between kind of a normal distribution and a power law distribution. like venture returns or I don't like to call it venture returns but I do think the returns generally in free markets create value creation in a power law distribution which means that a few of the many account for the vast majority of the capital appreciation of the the value creation and ...