Quote from: Change Topic

Industries with rapid change are the enemy of the investor. Tech businesses, particularly biotech, is a problem from that point of view. All industries work with change, but you should ideally be investing in businesses with a low rate of change, not a high rate of change.


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Author Bio


  • NameMohnish Pabrai
  • DescriptionAmerican businessman
  • BornJune 12, 1964
  • CountryUnited States Of America
  • ProfessionFinancier