Michael Moritz Says Most Investors Can't Do the One Thing That Actually Makes Money

Michael Moritz Says Most Investors Can't Do the One Thing That Actually Makes Money

Michael Moritz backed Google, PayPal, and Stripe, and Charlie Munger credited one specific trait for his success over smarter rivals. His single question about Amazon stops experienced investors cold and exposes the habit that quietly destroys most portfolios.

Michael Moritz Says Most Investors Can’t Do the One Thing That Actually Makes Money

The post Michael Moritz Says Most Investors Can’t Do the One Thing That Actually Makes Money appeared first on 24/7 Wall St.. Sir Michael Moritz spent about 38 years at Sequoia Capital, where he backed companies like Google, YouTube, PayPal and Stripe. He has a simple explanation for why most…