Historically, haven’t assets that claim to take less than 3 years to double in value had a high probability of losing value instead? What are examples of the assets of this sort in the past few decades and at the present time?
Of course, it’s easy for someone to claim that something will double in value quickly, and sometimes things even double in value quickly, despite being built on hot air (textbook example, the dutch tulip rush). The important trick is to use first-principles, real-world reasoning to identify the few opportunities that actually can generate real value that quickly. The world would be very different if such companies didn’t exist. I invested in Tesla, Microsoft, and Google using such real-world, first-principles reasoning, and these companies has grown at such a clip during the time I have been invested in them (which has been for ~1-3 years depending on the specific asset)
Historically, haven’t assets that claim to take less than 3 years to double in value had a high probability of losing value instead? What are examples of the assets of this sort in the past few decades and at the present time?
Of course, it’s easy for someone to claim that something will double in value quickly, and sometimes things even double in value quickly, despite being built on hot air (textbook example, the dutch tulip rush). The important trick is to use first-principles, real-world reasoning to identify the few opportunities that actually can generate real value that quickly. The world would be very different if such companies didn’t exist. I invested in Tesla, Microsoft, and Google using such real-world, first-principles reasoning, and these companies has grown at such a clip during the time I have been invested in them (which has been for ~1-3 years depending on the specific asset)