The Levi Strauss Strategy: Nvidia's Gold Rush
Justin Johnson
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Impressed by Nvidia's soaring 843% YoY profit, it made me think of Levi Strauss's genius during the Gold Rush. Here's a parallel:
1️⃣ Recognizing Opportunity - Nvidia's bet on AI chips when everyone's hustling with AI innovations reminds me of Strauss's decision to sell jeans amidst gold miners.
2️⃣ Anticipation vs Reaction - The market rewards foresight. Strauss anticipated a need; Nvidia did too.
3️⃣ Seeking the Overlooked - While many rush towards apparent opportunities, the outliers like Nvidia and Strauss thrive on what's missed by the masses.
Curious to know, have you identified the 'jeans' in your industry? Any other companies playing the Strauss card effectively?
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