Q: Hey, Andy. You have written about sectors you like. How about sectors you do not? Are there sectors I should really stay away from investing in?
A: Yes and no. Okay, here’s the “no” argument…
Dismissing the smallest sectors (antique automobiles, for instance)… the most boring ones (generating pencils)… or the oldest ones (agriculture, any person?) would be a error. Any of them could turn out to be the star of your portfolio.
Listen, I’m the very first to admit I like massive, quickly-expanding, fascinating, new and distinct markets. But I’ve also noticed unlikely sectors give birth to startup superstars. Take Uber (taxis) and Harry’s (men’s shaving), for instance. Neither sector was