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A product lowers the cost of doing something and eventually, customers will figure this out and buy the stuff in big volume, but they're not going to buy yet. You've got to have real conviction to step up and own this kind of company-you're staring over the edge of the waterfall, not sure when the growth is going to start.

— Andy Kessler Running Money (2004)

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More quotes by Andy Kessler

"The stock of the greatest company in the world is crap if every investor already thinks it is the greatest company in the world."

Running Money (2004)

Wealth really is a never-ending process. So is running money. You can't just walk away and ask about the meaning of life.

Running Money (2004)

"I've been doing this for years. Never invest in a company with the target price for the stock in the name of the company."

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Cheap power helped create a new market that didn't exist previously.

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In fact, maybe Metcalfe's Law is the formula for Doug Engelbart's scaling of human knowledge, just as Watt's steam engine scaled human power.

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Quote text and notes from Wikiquote: Andy Kessler (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.