And I think that, perhaps, there is more than a little amount of "hero worship" in your view of Dr. J. IMO, his track record is this: He started out by making a huge gamble and winning. Actually, he had a string of successes early on (like Snaptrax). Then, the underlying conditions in the industry changed, and the position of the company in the industry changed. But he didn't change his methods, and, since then, he has had a string of failures, failures so large as to wipe out years of profits. And there is little evidence that he has yet changed his methods. I don't see any "acumen". I see a gambler who won big, the first few hands he played, but the dealer is now steadily taking it back.
Damn, Jacob, you're going all the way back to Dr J's ABA days.
I used to worship him too when he could dunk from the foul line.
Dr.Id@didntknowhewasstillinplay.com |
