By Nicholas Vardy Disruptive technologies and story stocks are very seductive for investors because they promise dramatic results.
But, as Nicholas Vardy explains, investing in these companies is not the best way to grow your wealth.
“You never know who’s been swimming naked until the tide goes out.”
– Warren Buffett
Harvard Business School professor Clayton Christensen passed away last month.
A rock star among business school academics, Christensen coined the phrase “disruptive innovation” in the mid-1990s.
The phrase refers to when a smaller company with fewer resources shakes up an industry. By delivering a groundbreaking product or service, it causes incumbent giants to stumble.
Examples of today’s disruptive innovations …read more
