Knowing where the ball is going to be is a rare skill, and none of the people currently running those companies has that foresight. There’s a reason why there’s many QBs but only one Tom Brady.

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unknownfuture 6 hours ago | parent [-]

I don't see a reason to believe any CEO, past or present, has had the ability to accurately predict the future. Luck and foresight look the same when you happen to get it right.

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rayiner 6 hours ago | parent [-]

Catching one trend, like Mark Zuckerberg, is just luck. But there’s clearly CEOs who are able to predict the direction of markets over a sustained period of time across multiple inflection points. E.g. Bill Gates and Steve Jobs.

	▲	Grombobulous 6 hours ago \| parent \| next [-]
		I would still treat this like John Bogle treated mutual fund managers. For every Steve Jobs there are a hundred Carly Fiorinas
	▲	unknownfuture 5 hours ago \| parent \| prev [-]
		Eh, even if we take those mythologized examples as real (I'd argue the history of both is heavily whitewashed and their failues, like NeXT or Windows Phone to name just two, are papered over in their mythmaking), if anything they're the exceptions that prove the rule.