Mean reversion is not applicable to technology and service industries where products can fall out of favor and never recover, and there's no law requiring business revival; alternatively, some tech businesses have become near-monopolies with winner-take-all dynamics and are insulated from competition, making them powerful businesses if prices are right

factualpending

Speaker

Scott McBride

Evidence Quote

technology they're not really mean reverting...if your product falls out of favor it just falls out of favor and dies...some of these businesses that have become almost monopolies...are really powerful businesses

Source

A $33 Billion Value Manager Who Has Actually Outperformed | Scott McBrideExcess Returns
Created: 8/11/2026, 7:48:51 AM

My Notes

Loading notes...