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While Dilanesp's semantics are not what I would choose, and I'm not even sure whether we have the same fundamental opinions, there is some truth to his opinions on markets.
There's no rule that says all businesses (or even new businesses) must fail.
However, humans are simply intelligent animals, who imitate the way our universe works.
Things like markets, tend to work generally like a 'power law'.
Humans have even created some markets as 'wealth concentration mechanisms', where the herd's money is concentrated, and the insiders, and winners, capitalize in a predatory fashion.
Models like power laws, and predatory wealth concentration mechanisms are the significant models that I'm looking at.
"Creative destruction" is more of a catch phrase for a specific kind of 'market force' (e.g. something like Michael Porter's "Threat of Substitute Products" and somewhat "Threat of New Entrants"), as well as a general acknowledgement of a constantly evolving environment.
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Preparation. Discipline. Patience. Decisiveness.
Last edited by Robert Fischer; 11-28-2019 at 09:49 AM.
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