Recalling a conversation with Marc Andreessen and Tim Ferriss, Andreessen compared VC’s and value investors. He said VC’s bet on the ways in which the world will change. Value investors in the public markets like Warren Buffett bet on things staying the same.
Armchair Quarterbacking
Conor Witt
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Who am I to disagree with Marc Andreessen… but I don’t think the successful venture capitalists and value investors are really that different. They’re the ones accumulating the greatest gains in their respective markets, finding the undervalued or overlooked opportunities. To say the difference between the two is the direction of their bets on the future is the wrong way to characterize it.