There have been many instances where pivots have been advisable at the height of market dominance or earning potential. Unfortunately, market dominance can correspond with complacency. That’s why only the paranoid survive—you have to be paranoid to perceive the threat of something so small or far off in the future when you are in such good shape. When you embrace this model, you must therefore pay attention to a lot of small threats, most of which will turn out to be harmless. How do you distinguish the signal from the noise?
