Bitcoin has surged a lot - lets put that in an updated context of S&P 500 returns
Starting a business is hard. It takes years of hard work and sleepless nights and once you've got the business off the ground, that's only half the battle. Managing your enterprise on a day-to-day basis, making hard decisions and staving off bankruptcy is a never ending process.
Some companies such as Uber might see their value explode almost overnight but such valuation surges are generally short lived, built on a fashion or market trend. The most durable businesses are slow and steady growers that...
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