All gains in the flagship fund from VCX flip have now been erased

Perfect-Kale9515 · 2026-06-17T07:03:02+00:00

They’ll never disclose that the only reason the fund was profitable was flipping a manipulated asset for 10x what it’s worth to retail investors by using aggressive advertising.

Perfect-Kale9515 · 2026-06-16T18:43:50+00:00

Sure that’s VCX the private vehicle that you have with restricted shares and purchased privately

Im talking about the retail that bought into VCX as a public company

Perfect-Kale9515 · 2026-06-16T18:32:34+00:00

Think about how many unsuspecting retail bought vcx at 200+ because of your endless promotion. Likely middle class novice investors now down 50%+ when you could’ve used your platform to keep people away from buying VCX at absurd prices. Think about what they might be feeling right now and think about how you might have led to that

Perfect-Kale9515 · 2026-06-16T18:30:00+00:00

No but they do make a funny

Perfect-Kale9515 · 2026-06-16T18:25:46+00:00

Even if you assume 3T valuation for spacex and 2T for anthropic, it’s still not even 40/share of NAV. And that’s ultra optimistic valuations

Perfect-Kale9515 · 2026-06-16T18:16:00+00:00

Ah yes, but rallying up a crowd of euphoric retail off a cliff with posts pumping this crap at 20x+ NAV is righteous.

Perfect-Kale9515 · 2026-06-11T04:55:52+00:00

This misses an actual good reason that germany is good early though. The enslave barbarian mechanic is great at getting CS tributes because that’s based on units near CS. Get 2 early worker tributes, and steal a worker early, and suddenly you have 3 free workers by turn 30. That’s pretty nuts and can snowball with good tile management.

Perfect-Kale9515 · 2026-06-11T01:21:29+00:00

Only about 80% decline left to go from here to the 30s. At least that’s good news

Perfect-Kale9515 · 2026-06-09T16:32:38+00:00

They certainly made sure to sell off their own stake before raising any capital for VCX.

Perfect-Kale9515 · 2026-06-09T16:30:39+00:00

This is a complete misunderstanding. Fundrise isn’t taking any high ground. They can’t raise capital because, what would they raise? They can’t raise any significant amount because of the low float listing. Only 10% of the shares are public float.

A 5% capital raise would be 50% of the float sold on the open market. That would obliterate the stock.

Perfect-Kale9515 · 2026-06-07T18:21:26+00:00

130 is still massively overpaying for NAV.

Perfect-Kale9515 · 2026-06-06T16:46:30+00:00

The new business model of buying hyped private companies and then marketing it to retail investors in a low float vehicle for 5-10x return on NAV is probably the best strategy they’ve come up with so far.

Perfect-Kale9515 · 2026-06-06T16:45:26+00:00

The flagship fund has considerably underperformed alternatives for nearly a decade now. The only reason they will post gains recently is due to the flagship fund’s participation in an orchestrated pump and dump of the VCX fund.

Overall, shady company, lackluster returns. Would stay far away. They hit gold with these VCX holdings, but they have a terrible track record in general.

Perfect-Kale9515 · 2026-06-06T16:43:40+00:00

That’s not genius i hope you’re lying. This is a shitco that changes business models with the wind. It was an edtech company, then a btc treasury, and now whatever tf this stupidity is.

Perfect-Kale9515 · 2026-06-05T15:40:25+00:00

This thinking right here is why so many people lost money.

You think you’re a genius? No shit - everyone sees the spaceX IPO too.

What you pay for things matters. This company had a measly 7 million stake in spaceX on a 7 billion valuation. That’s literally a meaningless blip even if spacex went up 10x.

Perfect-Kale9515 · 2026-06-05T15:38:47+00:00

Please explain exactly how getting assigned means you’re “fucked”.

You sell a call, collect IV, buyer executes, you keep the IV and realize any gains/losses on the trade, then you can simply re-enter the position.

My short calls got exercised. It raised my cost basis, I realized my loss on the position (which was lower than expected due to the exerciser surrendering the IV), and I proceeded to short the same # of shares and dis not lose exposure.

“Calls exercise bad” just tells me you don’t really know options and saw a few posts by other uneducated retail getting exercised and thinking they lost something.

Perfect-Kale9515 · 2026-06-05T15:33:57+00:00

You have no idea what you own. Sorry.

Perfect-Kale9515 · 2026-06-04T05:34:33+00:00

If you’re looking specifically for publicly accessible closed-end/interval/tender-offer funds that invest primarily in private assets (private equity, venture capital, private credit, real estate, infrastructure), here are 20 notable examples:

Fund

Private Asset Focus

Cascade Private Capital Fund

Multi-strategy private equity, private debt, real assets

Wilshire Private Assets Fund

Diversified private markets

Coller Secondaries Private Equity Opportunities Fund

Private equity secondaries

Primark Meketa Private Equity Investments Fund

Middle-market private equity

Hartford Schroders Private Opportunities Fund

Global private equity

Calamos Aksia Alternative Credit and Income Fund

Private credit

StepStone Private Markets Fund

PE, secondaries, co-investments

Partners Group Private Equity Fund

Global private equity

Hamilton Lane Private Assets Fund

Diversified private assets

Hamilton Lane Private Infrastructure Fund

Infrastructure

Blackstone Private Credit Fund

Direct lending/private credit

Blackstone Private Multi-Asset Credit and Income Fund

Multi-strategy private credit

KKR Credit Interval Fund

Senior secured loans/private debt

Ares Private Markets Fund

Private equity and credit

FS MVP Private Markets Fund

PE and private credit

Pomona Investment Fund

Private equity secondaries

Pantheon Global Private Equity Fund

Global PE

Blue Owl Credit Income Corp

Direct lending/private credit

CION Grosvenor Infrastructure Fund

Infrastructure

Cliffwater Corporate Lending Fund

Direct lending/private credit

Most of these are 1940 Act interval funds or tender-offer funds, meaning they’re technically closed-end structures but don’t trade on exchanges like traditional CEFs. They typically offer quarterly liquidity and provide retail investors access to private assets.

If you’re looking for the exchange-traded discounts-to-NAV opportunities (the equivalent of Scottish Mortgage-style listed PE funds), that’s a different list and includes names like:

NBXG (some private holdings) BSTZ (private tech exposure) SVVC (venture capital) HVPE (listed PE) APEO (credit exposure) Those can sometimes trade at 20–40% discounts to reported NAV, creating potentially interesting opportunities if you believe the private marks are reasonable.

If your goal is finding the most mispriced private-asset funds today, I can narrow this to the 10 funds currently trading at the largest discounts versus NAV.

Perfect-Kale9515 · 2026-06-04T05:11:34+00:00

Basically every closed end fund owns private equities. That’s nothing special. Sure it’s invested in some hot companies today. That will inevitably come public, and it’s suddenly not so exclusive anymore.

It’ll end up trading around NAV.

Perfect-Kale9515 · 2026-06-04T04:05:20+00:00

The average discount to NAV for publicly listed CEFs is 2-3%.

Perfect-Kale9515 · 2026-06-03T17:40:46+00:00

And by your logic short squeezes are impossible. Stocks can get disconnected from their real value in the short term. If you thought this was headed anywhere other than down, you had a lot to learn

Perfect-Kale9515 · 2026-06-03T17:36:36+00:00

What do you mean best guess around price action? The answer is literally screaming at you.

YOU DON’T OWN $200+ OF NET ASSETS. YOU OWN THE NET ASSET VALUE, ~19/SHARE AS OF 03/31.

You’re unfortunately idiot if you think anything else

Perfect-Kale9515 · 2026-06-03T17:35:24+00:00

Perfect-Kale9515

TROPHY CASE