[id_rsa]

I like his idea of choosing a startup idea that is in an industry poised for growth and "riding the elevator."

[kevinskii]

That’s sort of like saying that “buy low and sell high” is clever investment advice.

[tonyedgecombe]

If I thought I could pick an industry poised for growth I wouldn't be mucking about with index funds.

[tim333]

The trouble often isn't picking the industry but figuring how to make money out of it. Like AI and self driving cars are obviously poised for growth but Google/Alphabet and other large companies are likely to dominate. And a lot of that is already priced into the stocks.

I remember Altman saying an AI for X startup would be a good idea though. I guess Cruise Automation played things well.