The Rise And Fall Of George Gilder
from the the-pundit's-pundit dept
Wired Magazine has an interesting story about the rise and fall of George Gilder as the overly optimistic predictor of the future of technology (and as a stock picker). I never understood why he became so focused on picking individual stocks along with promoting concepts. While a lot of his ideas about the future of technology may be correct - even if they take a bit longer than he predicted - picking companies to execute is a completely different ballgame. There are plenty of companies with good ideas who can't execute, and others with bad ideas, who execute well. Not to mention, of course, plenty of external factors that drive the success or failure of any individual company. Perhaps he would have been better off sticking to ideas instead of stocks. Though, I guess in the go-go days of the late 90s, everything was about which stock to buy.
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