Morgan Housel – Walking and Thinking - [Invest Like the Best, EP.04]
Invest Like the Best with Patrick O'Shaughnessy
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The Classic Question of Innovation Is Not Just the Idea, but the Timing
The classic question of innovation is not just the idea, but the timing. There are so many pieces in between invention and sustainable consumer adoption that need to take place. The things that we ridiculed 20 years ago, we're doing today profitably. So i think a lot of innovation that fails doesn't fail because it's wrong. It just fails because world isn't ready for it.
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