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BoneChat #2 - Betting on the market, not the technology - Marc Viscogliosi

5 Apr 2024 · 1 min

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0:32

Marc Viscogliosi argues investors should bet on the market itself, not a single technology. Real conviction means investing in competing firms in the same space, not just your own product. Pick the race, not the horse.

Chapters

One is don't bet on the technology, bet on the market. Well, the, the only thing about the don't bet on the technology, bet on the market being a little provocative in the sense that if you believe enough in the conviction of the market, you'd want to invest in not just your own product, but you'd want to invest in your competitors. That's how you know you're onto something. We'll make multiple investments in the same market. Because the idea is not picking a horse to win the race, it's betting on the right race.

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