Kai Wu, Sparkline Capital – Investing in Innovation, Intangible Value, & Web3 | #411
The Meb Faber Show - Better Investing
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Innovation Is a Unique Factor, Undiscovered Factor
The allure of innovation is very seductive. But oftentimes, as you saw in that chart of the bata, oftentimes, innovation stocks are prone to being caught up in these bubbles. This has come in full circle to your bubble days. You gat this beautiful bubble chart that looks a lot like your old buddies on canal com s, u k railways. And it maye sense. Information age is that people go bananas every once a while. Not necessarily the innovation duce ell,. If you were to look at an innovation basket, this might be a good time to to segway into the next one. But we may be too early and out of order.
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