X @Nick Szabo
Nick Szabo·2025-10-09 22:17

Investment & Opportunity Cost - The tweet suggests a potential opportunity cost in spending time on traditional financial analysis (projecting cash flows, learning business fundamentals) compared to investing in a "piece of rock" (potentially referring to a simpler, perhaps alternative, investment) [1] - The tweet implies that simpler investments might yield similar or better returns than complex financial analysis, questioning the value of extensive financial modeling [1]