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bunderbunder 6 days ago

Fair, but also, investing is kind of its own thing because it's inherently trying to predict the future based on partial information today.

Engineering decisions, which is closer to what TFA is talking about, tend to have to be a lot more focused on the here & now. You can make bets on future R&D developments (e.g, the Apollo program), but that's a game best played when you also have some control over R&D budgeting and direction (e.g, the Apollo program), and when you don't have much other choice (e.g, the Apollo program).