Hubris of Timing: Why being right abt the future isnt enough to capitalize on it
The article discusses the importance of timing in investment management, particularly for early-stage tech companies. It emphasizes that being correct about a technology's potential is not enough if the timing of its adoption is misjudged. The author highlights the risks of investing in speculative ideas without considering the timeline for their realization.
- ▪Timing is a critical aspect of investing that can significantly impact returns.
- ▪Investors often overlook the importance of timing in their decision-making processes.
- ▪Being right about a technology's potential but wrong about its timing can lead to significant losses.
Opening excerpt (first ~120 words) tap to expand
Epistula #14: The Hubris of Timing May 13 Written By Daniel Kimerling — Founder & Managing Partner Why being right about the future isn't enough to capitalize on it.Timing is one of the most critical aspects in investing. Any investment, and any portfolio, can be made — or broken — by great or terrible timing. Even seemingly mundane things largely outside of an investor’s control, like when they graduate, when they start investing, or when they retire, can have a massive impact on their lifetime returns.But in reading about our industry, I’ve noticed that timing is one of the least-discussed topics. This feels like a miss. I want to share two thoughts about timing in investment management.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Deciens Capital.
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