
Howard Lindzon on Business Ideas Before the Internet
Masters in Business
00:00
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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