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Mark_Friedenbach comments on Look for the Next Tech Gold Rush? - Less Wrong Discussion

34 Post author: Wei_Dai 19 July 2014 10:08AM

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Comment author: [deleted] 23 July 2014 03:39:15PM 0 points [-]

I never said they buy-and-hold (although sometimes they do -- see Coca Cola and See's candy, for example). The fact that they actively manage their portfolio shows that they are able to pick winners. What they are doing is working.