An investor invests in the jockey and not the horse. Consider an investor like the saddle. If the saddle sucks, the horse and the jockey’s groin will be sore.
This metaphor hurts my head. A saddle invests in a jockey?
This metaphor hurts my head. A saddle invests in a jockey?
Agreed, not the best analogy... especially because as I understand a lot more is invested in horses than jockeys (in actual competitive horse racing). But, I think that's the point.