you never forget your early believers because early belief is expensive af. there’s reputational risk, financial risk, …
By signüll
you never forget your early believers because early belief is expensive af. there’s reputational risk, financial risk, social risk, etc. there’s roughly no proof, no consensus, & no obvious upside. the early believers have to see something way before the market has agreed it should exist. whereas late belief is absolutely free. this is where you see pure bandwagon & trend following stuff. this rule applies to business sure, but maybe even way more to personal stuff.