◄ Charlie Munger ►

Quote

When someone takes their existing business and tries to transform it into something else - they fail. In technology that is often the case. Look at Kodak: it was the dominant imaging company in the world. They did fabulously during the great depression, but then wiped out the shareholders because of technological change.

More Quotes by Charlie Munger

                                                                                                                                                                                                                                       

Clyx.com


Previous Quote
Top of Page
Top of Page