Quote:
Originally Posted by Rain Man
Yeah. I really like her philosophy of investing in innovation. It seems like a great idea. Of course, those were the companies that got clobbered the most in 2022, so to some extent she or I or both got nailed by bad timing. But it seems like she's also made far bigger strategic mistakes, because I shouldn't still be down by 60 percent.
And you hear that, hog? I'm coming for you!
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That’s all fine and well but the reality is the failure rate of innovation is high. And that’s not story she was selling.