Johns: Investing should prioritize biological resilience over predicting the future
Brinton Johns · Complexity Investing & Semiconductors with NZS Capital (Extended Cut) · Acquired · Nov 3, 2021 · at 11:40
Brinton Johns, co-founder of NZS Capital, discusses applying lessons from biological systems and Stanford complexity coursework to corporate analysis and equity investing.
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“You know, it's really more about resilience than it is about predicting the future. And it's about adaptability. Like biology doesn't really care that much about the future. They care about adapting to this wide range of futures, right? Like my bees don't really care if it's going to snow tomorrow. They can adapt to snow. They've learned how to do that over millions of years. And what if we looked at companies like that?”
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