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Modest Proposal – Better, Cheaper, Faster: Why Companies that Reduce Friction Win - [Invest Like the Best, EP.193]
Invest Like the Best with Patrick O'Shaughnessy
Building the Product That Everyone Knows Should Exist
It seems to me, from first principles, it is so obvious that everyone forty and below, thirty eight, would much prefer to go into their ap and book a plumber. So the question now is, o k, can you fulfil that demand in an on demand environment and build the product that everyone knows is ten times better? I think some of it is just my background as a traditional generalist - i'm always looking for interesting, asymmetric opportunities in all sectors. The vast majority of my alpha has come in consumer, internet communications type businesses. But if i was resigned to having to only invest in one space, ye would be this. If you have the opportunity to invest in...
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