Investment Week (April 16)
2019/ 04/ 18 by jd in Global News
“Too much excitement can easily lead to too much capital chasing too few ideas. This pushes up valuations and ruins the investment opportunity.” In the last 15 years, Tesla has revolutionized the automotive industry, but investors may do better with less glamorous automakers. “Tesla will lose its lead.” Its “early technological lead” will close over time “because history has shown that technology differentiation in the auto industry does not persist.”
Tags: Differentiation
