Fred Wilson is something of an idol to me. I just finished watching his conversation Jason Calacanis at the Launch conference .

Towards the end of their chat, Fred says he thinks there’s a shortage of reasonably priced opportunities in the market:

But we’re still making investments. We’re still finding places to put money.

I love that definition of investing. Money needs to be put somewhere to prevent it being devalued. Being an investor means finding and using those places - whether stocks, real estate, lego, gold or private equity.