“Go for a business that any idiot can run–because sooner or later any idiot probably is going to be running it.” Peter Lynch said that. Warren Buffet has uttered similar words. Tim Cook is no idiot, but consumer electronics is a real tough business. Without the brilliant Mr. Jobs at the helm to drive innovation, Apple shares have not fared so well.
The following two tabs change content below.
Jeremy Jones, CFA
Jeremy Jones, CFA is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. Jeremy is a contributing editor of youngresearch.com.
Latest posts by Jeremy Jones, CFA (see all)
- Tech Loses its Biggest Stars - September 21, 2018
- Separate Your Insurance from Your Investments - September 20, 2018
- Augmentation and Replacement: The Future of Robot Workers - September 19, 2018