Billionaire invested in a fringe nuclear energy startup gone wrong

[BWV]

Brad Pitt, Steve Jobs' widow, and Britain's best-known fund manager reportedly invested in a fringe nuclear energy startup inexplicably valued at close to $1 billion.
The Financial Times reported that the unlikely trio apparently saw potential in Industrial Heat, a North Carolina-based company seeking to develop power sources that rely on cold fusion, or generating nuclear power without the need for intense heat.https://markets.businessinsider.com...fusion-firm-industrial-heat-2019-6-1028280316

 

[Greg Bernhardt]

Just because you have a lot of money, doesn't mean you are smart or can't be fooled!

 

[berkeman]

Just a quick reminder that we don't discuss cold fusion here at the PF. But we certainly can discuss when naive rich folks invest in things they don't understand (and presumably haven't asked scientific advisors about).

 

[BWV]

And you can lose money investing in hot fusion just as easily

https://www.forbes.com/sites/christ...rgy-unicorn-plans-to-beat-solar/#548232b629e8