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  • Picking winners among the many young companies seeking money is a tough business, even for the most sophisticated investors. Indeed, most professionally run venture funds lose money. For individuals, it's pure folly. Buy a lottery ticket instead. Your chance of winning is likely to be higher.

    "A Sneaky Way to Deregulate" by Steven Rattner, opinionator.blogs.nytimes.com. March 3, 2013.
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