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by stcredzero
2609 days ago
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It's not enough to have, 'Nobody is doing it.' If you want the full Musk analysis, you also have to do a 1st principles analysis of the true cost. Then you have to identify the factors holding things up across the entire industry. Is it that government regulation and meddling is distorting the pricing and scaring away competitors? Is it an entrenched industry with no motivation to innovate? Often nobody's doing it, because "it" is truly stupid. What Musk is doing, is applying a formula for discovering when the majority are mistaken. http://paulgraham.com/say.html |
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