I found Christensen’s books to be insightful and useful. I think anyone who read and understood them would *not* use it as an investment strategy.
It’s a truism that innovation (fundamental innovation, that is, not the latest model of a car with a slightly redesigned bumper) causes disruption, and that the disruption causes there to be winners and losers. What is less clear is whether the effects can be predicted, and over what timescale. And whether the disruption affects things you haven’t thought of, and how.
A fairly good example of the problems is the invention of the bicycle. It was obvious that once the bicycle became a practical form of transport, it would cause greater mobility of people in general and allow a number of people to live farther away from their work than before. What was less obvious was that it caused large changes in the way courtship between young adults was conducted.
Lepore fancies herself as historian.
That is all.
Fancies herself an historian
I found Christensen’s books to be insightful and useful. I think anyone who read and understood them would *not* use it as an investment strategy.
It’s a truism that innovation (fundamental innovation, that is, not the latest model of a car with a slightly redesigned bumper) causes disruption, and that the disruption causes there to be winners and losers. What is less clear is whether the effects can be predicted, and over what timescale. And whether the disruption affects things you haven’t thought of, and how.
A fairly good example of the problems is the invention of the bicycle. It was obvious that once the bicycle became a practical form of transport, it would cause greater mobility of people in general and allow a number of people to live farther away from their work than before. What was less obvious was that it caused large changes in the way courtship between young adults was conducted.