
Ep. 652: Asymmetric Information and Entrepreneurship with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Asymmetric Market Move
The most successful Google products other than search have been acquisitions of startups, not internal products. The type of people Google and Marissa Meyer would not and did not hire started the companies they bought. You don't get asymmetric gains by working for the man or buying a Vanguard index fund. It's like the entrepreneur is chasing the asymmetric business move.
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