Wolfe: Investors suffer from a five-year bias of chasing past trends
Josh Wolfe · We Went to DC to Interview Tech's Power Players · May 4, 2025 · at 17:28
Josh Wolfe, co-founder and managing partner of Lux Capital, explains the psychological pitfalls of market timing in venture capital.
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“I always say that there's a five year psychological bias that you want to be invested today, where you should have been five years ago.”
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