MI158: Investing for Outsized Performance w/ Jeremy Deal
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Investing in the Future Is Hard to Predict
The future is really unknowable. How are you able to develop conviction on the long term total addressable market of a business with accuracy if the future is just so hard to predict? And i agree with that lish is, back up a minute. When you make an investment in any business, you are investing in the future. You're not investing in the past. So i think it's enormous risk, an enormous risk, to just assume that whatever happened in the past will happen in thefuture. What we know for sure is the future will be different than the past.
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