>But rockets are still rockets, and a messaging app is still a messaging app. I think it's the incredible disparity in total embodied energy for WhatsApp vs SpaceX that makes this intuitively hard to accept.
The hardest thing I ever did as an investor was let go of thinking there's some correlation between the things I like and market value.
The hardest thing I ever did as an investor was let go of thinking there's some correlation between the things I like and market value.