Ben Gilbert: belief

Transcript context

…They, for a long time, wanted you to think that they did. That was part of the brand halo, I think. I certainly felt that way when I was younger. When I was a kid, I know my family felt that way that having everything Sony, it meant you're getting the best. But also having it all together, I was like, oh, it's all going to work together. But at the end of the day, you were just wiring up boxes with coaxial cables between them. There was no computing magic. There was no software magic there. In some ways, this recent era, and I think we should grade the other eras of Sony too, but this recent era where they grew their market cap from $30 billion to $150 million, it's kind of a bummer to call that an F. But given the opportunity that was in front of them, we have the counterfactual with Apple of what the other opportunity looks like, from a company that was modeled after Sony, it's a pure F. There's just no way you're net $2.8 trillion less of value. I guess an F would be like Nokia or something like that.…

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