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Howard Lindzon on Business Ideas Before the Internet

Masters in Business

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The Importance of Optimization in Investing

I've made a few mistakes in my life in investing with Fred Laps at, but appreci... He says, how does that... Overoptimized for entry. Optimize for exit. So, I have always optimized, correct it. Meaning, I'm never going to sell the top. And generally, you're going to sell on the way out. You don't even get a ribbon when you top... I've top ticked two stocks in my life. When I was on a trading desk, you don't ring the ballot exchange. No one gives you a plaque. It's like, oh, that was a lot of effort for nothing. There is a thing in the venture

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