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TIP447: How to Build a Human Bias Defense System w/ Gary Mishuris
We Study Billionaires - The Investor’s Podcast Network
Growth Investors Are So Interested in R and D and These Intangibles
Anae: I think you made a really good call out there, which is so challenging for any investor, but especially those focus on growth. And to give ou an example, i think it was in year 25 or 26 for amazon, it was year 20 19, goingto 20. In 20 20, amazon grew 37 point six two % from 20 19. Something ling. That's so like these growth companies. Even though it's unlikely that they persist at these growth rates, they can surprise you with their intangibles.
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