4min chapter

Invest Like the Best with Patrick O'Shaughnessy cover image

Eugene Wei – Tech, Media, and Culture - [Invest Like the Best, EP.118]

Invest Like the Best with Patrick O'Shaughnessy

CHAPTER

What Are Your Thoughts About Network Effects?

We clearly have this inner take all dynamic that is the result of a number of things that came about. We've taken network effects, which are this sort of lie concept that worked in small segments of business, and just amplified it to a gree we've never seen in history. That creates these runaway winter all effects, which we're still grappling with. Therea thereare probably a number of different ways to deal with that problem, depending on line of business. But i do think there has to be some thinking done around this ideaf will, ok, luck plus first mover equals massive network effect, like runaway winner. Is that healthy? Do we want that? And how do

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