Here’s something to wrap your head around: As fast as the world has changed in the last decade, the pace of innovation is actually accelerating. We went from a world without iPhones in 2007 to one dominated by the product just 10 years later. Uber didn’t exist when Barack Obama was elected; now, it’s an international heavyweight.
The point is, if you aren’t investing in companies that have innovation in their DNA, and the ability to adapt over time, you’ll be looking at negative returns.
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