Charlie Munger quoteCharlie Munger [1924-0] American Businessman     Quote rank: 102
| When someone takes their existing business and tries to transform it into something else - they fail. In technology that is often the case. Look at Kodak: it was the dominant imaging company in the world. They did fabulously during the great depression, but then wiped out the shareholders because of technological change. |
Business, Change, Technology
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