[cheez]

In the last 10 years (well... even the last year) I have passed up many multi million dollar ideas. All that means is there will be another.

[Scoundreller]

And somewhere out there today is a penny stock or "sketchy"/high-risk investment that will go to the moon. And it will seem to straightforward in hind-sight, but ignore a lot of other failures.

[person_of_color]

Analyse the fundamentals. Thats what hedge funds do.

[sjg007]

There are a lot of companies that transform themselves. They start some initial project, pivot, get a cash cow and then follow the market. Some don't.. all the typewriter manufacturers missed the computing revolution. Mainframe to the micro pc etc... Even say, nokia to iphone.

[cheez]

Yeah im not referring to that. Every year there is at least one million dollar idea in stocks that doesn't involve penny stocks.

[summitsummit]

even in hinsight i dont see how amazon's success was straightforward

[Scoundreller]

Oh c'mon, books ---> not books ---> computing services.

Crap, maybe Kodak does have a future.