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De-Risking Risk Capital: A Lightweight Angel Fund

This discussion springs from Boris Mann‘s post today, which touches on the need for “fail money” in Canada.  I agree with nearly everything he says, and it can’t be disputed that more active capital is required to continue the growth of the startup economy in Canada and build our web and digital media industries. My reaction though is centred around (1) I hate the term “fail money”
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Better Personal Investing

“The index fund is a good innovation, not because it has any magic – anone can figure it out – but simply because by owning the market at a very low cost you will, by definition, do better than everyone who owns the market at a very high cost” – John Bogle I think by now we’ve all heard some stats on the poor long-term performance of actively managed funds.  From mid-2004 to mid-20
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