4 ms·
Yeah I was trying to convey there are successful businesses that are broadly maintaining and there are rocketships (and everything in between) and we should exp
by mplscarnut 3y ago
Yeah I was trying to convey there are successful businesses that are broadly maintaining and there are rocketships (and everything in between) and we should expect them to be valued differently and have different risk profiles. So the observation (100x! That’s dumb!) is not rational.