Note: This is not investment advice. At heart, I’m a value investor, and Tesla is no value investment. I view it as a binary venture-type bet. I am a shareholder. I believe that Tesla is one of the most misunderstood (and most exciting) tech companies right now. After I rented a Model S for a…
Tag: Innovator's Dilemma
Investing Lessons from Running a Startup
[This is an edited version of a talk I recently gave at a MOI Global event.] I’d like to share some of the lessons I learned from being a startup founder, and how these can be applied to investing: Lesson 1: I’m a better investor because I was a founder As Warren Buffett famously said:…
How to Identify Great Capital Allocators?
This was the topic at the recent MOI Global Zurich chapter dinner I attended. Here I summarize my notes and thoughts on this topic. I understand capital allocation as follows: How do companies spend their limited resources, be it capital, time, or mental resources, so that they create the maximum amount of value per invested…