Q: Hey, Andy. You’ve written about sectors you like. How about sectors you don’t? Are there sectors I should avoid investing in?
A: Yes and no. Okay, here’s the “no” argument…
Dismissing the smallest sectors (antique cars, for example)… the most boring ones (making pencils)… or the oldest ones (agriculture, anyone?) would be a mistake. Any of them could become the star of your portfolio.
Listen, I’m the first to admit I like big, fast-growing, exciting, new and different markets. But I’ve also seen unlikely sectors give birth to startup superstars. Take Uber (taxis) and Harry’s (men’s shaving), for example. Neither sector was …read more
