Warren Buffett observed years ago that every market eventually sorts itself into three groups: innovators, imitators and idiots.\u00a0It is deliberately unfair but, like most good aphorisms, it contains more than a grain of truth. The innovators invent something genuinely new. The imitators wait until the innovators have proved there is money to be made and…<\/p>\n
The post Innovators, Imitators and Idiots<\/a> appeared first on Chris Skinner’s blog<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Warren Buffett observed years ago that every market eventually sorts itself into three groups: innovators, imitators and idiots.\u00a0It is deliberately unfair but, like most good aphorisms, it contains more than a grain of truth. The innovators invent something genuinely new. The imitators wait until the innovators have proved there is money to be made and… […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-68870","post","type-post","status-publish","format-standard","hentry","category-fintech"],"_links":{"self":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/posts\/68870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/comments?post=68870"}],"version-history":[{"count":0,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/posts\/68870\/revisions"}],"wp:attachment":[{"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/media?parent=68870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/categories?post=68870"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/flwnet.com\/index.php\/wp-json\/wp\/v2\/tags?post=68870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}