3min chapter

The Security Analysis Podcast cover image

Geoff Saab: Low Risk Investing

The Security Analysis Podcast

CHAPTER

The Importance of Staying Rich on Hot New Industries

The number one industry going back to the last century? I think it was railroads, right? Like how many times were railroads supposed to be disrupted? And yet the companies have performed very well. These things that stay the same that I think you can make a lot of money simply kind of placing your chips on that bet as opposed to what's the next revolutionary change that's going to happen because everyone's paying up for it already.

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