“No, nothing is guaranteed. Frankly, no one is smart enough to predict where we’ll be next year. We’re in the middle of an election, Europe is going to hell, the Chinese are freaking out, banks are folding, markets are crashing, nobody’s building or buying. The world’s coming to an end.”
“Okay, litigation funders are private companies that raise money from their investors to buy into big lawsuits. For example, let’s say a small software company is convinced one of the big guys, say Microsoft, has stolen its software, but there’s no way the small company can afford to sue Microsoft and go toe-to-toe in court. Impossible. So the small company goes to a litigation fund, and the fund reviews the case, and if it has merit, then the fund puts up some serious cash for legal fees and expenses.