Devina Mehra: The wise investor would not take fairy tales about ‘sure-shot’ multi-year themes seriously
Then in the next phase, we said that we did not know which of these end businesses would succeed. But since the internet was going to take over the world, at least those literally laying the pipes for it were a sure-shot bet (yes, that phrase again). The pipes, or rather undersea cables, laid in the early part of the century still carry the internet, but one of the major companies that laid them, Global Crossing, went bankrupt over two decades ago.
Post Comment