How much of human progress is inevitable, and how much depends on the determination of remarkable individuals?

Philip Auerswald — EconTalk

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But the problem with that ad is they always say that this time it's different is never different.

The Week

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The danger in technology investing is that S-curves nest inside S-curves. You can be right about the ultimate destination and completely wrong about the timing, and if you're wrong about the timing in a leveraged way, you don't get to be right about the destination.

Invest Like the Best with Patrick O'Shaughnessy

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