Federal Communications Commission

Owning the Inevitable

April 20th, 2010 by Mark Wigfield - Spokesman, Omnibus Broadband Initiative.

Omnibus Broadband Initiative Executive Director Blair Levin gave this speech on April 20 at the American Cable Association’s 17th Summit at the Gaylord National Hotel and Convention Center in Maryland.

One of the best pieces of advice I ever got in terms of investing was to “own the inevitable.”

To “own the inevitable”: To invest in those areas for which success—or failure—are already written on the proverbial wall.

Those words provide insight.

But not a complete answer.

It’s always important to make sure your bets are consistent with the macro trends.

But even if there are certain inevitabilities you can see generally—a rough outline of the shape of the future---you cannot clearly see, for example, specific winners or losers or critical, formative details.

[Read the full speech.]

One Response to “Owning the Inevitable”

  1. Sam says:

    In Levin's speech he states that "no Senator chose to spend his or her time talking about universal service or intercarrier compensation." Apparently Levin fell asleep during Sen. Mark Pryor's question time. He specifically asked the Chairman about the Universal Service Fund. Just because the Chairman didn't give the Senator the dignity of a direct response doesn't mean no Senator asked about it.

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