2020 Predictions (Scott Galloway)

Scott Galloway’s No Mercy / No Malice predictions for 2020.

Why it was kept

The excerpts Kyle kept: Eisenhower’s ‘plans are worthless, but planning is indispensable’, a story about betting against Tesla, the Big Four’s valuations growing by an Airbus plus a Boeing in six months, Peter Drucker’s ‘the best way to predict the future is to make it’, and ‘the year of health tech’.

As Kyle captured it

• “2020 Predictions” by Scott Galloway
  • “Plans are worthless, but planning is indispensable.” - Dwight D. Eisenhower
  • On betting against Tesla - A mentor of mine from when I lived in San Francisco, Paul Stephens, summarized my error: “Never bet against a company that has a great product.” Product
  • **Big Four valuation will grow by Airbus + Boeing over 6 months after DOJ & FTC announcement **
    • One of the most accretive things that can happen to an industry is antitrust regulation. The sum of the parts is greater than the whole.
    • Same lesson Erik Popaja taught me; Instagram by itself is an incredibly valuable company. AWS is the same story. Investors start to salivate when they think of some of these individual parts left free to do what they do best.
  • “The best way to predict the future is to make it.” — Peter Drucker
  • Prediction: “2020 is the year of health tech”
    • Couldn’t be more right re: COVID
  • I’ve been told by CEOs and elected officials that our predictions made them contemplate actions they hadn’t previously considered. Put another way, predictions aren’t guessing, but catalysts for thinking and action.