Never invest in the next big thing
Never invest in the next big thing
There is some true in this words, it's safer to invest in the TOP Dog the big thing vs the next big thing. However, Blockbuster was the thing and Netflix was the next big thing. The rest is history.
all said it's safer to invest in the current big thing, what happened to Blockbuster is not the usual, to be the number one is a great position, you have more money to spend on the brand and if you reinvest your competitors can't outspend you.
The Dow jones was up more than Nasdaq since 1971 according to professor Jeremy Siegel. yes almost without technology.
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