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Say what but not when and you can't be "wrong" Who will be the next myspace? the next LookSmart? The next Google? The next RedHat? Startups which have had mass
by harry8 8y ago
Say what but not when and you can't be "wrong"
Who will be the next myspace? the next LookSmart? The next Google? The next RedHat? Startups which have had massive growth will fail. Big established companies with decades of profitability behind them will also fail.
All booms will bust this boom is not different. The fact that people say "this boom is different" is how you know it isn't. It has the "this boom is different" commentary in common with every other boom in history. Really.
Rain is wet and sugar is sweet. Picking winners is hard. Timing the market is hard. The dumb strategy of getting exposure to all of it so you're fully diversified has worked for some in the past.