Hacker News Reader

That's basically Shell's strategy.

So now you're Exxon, and you see that Shell has significant investments into oil AND Green energy (specifically Wind right now for Shell). How do you plan to beat Shell at their dual-strategy game?

Exxon double-down on oil. You can't just do the same strategy as someone else and expect to get ahead. You gotta place your bets on a different strategy.

View on HN

> You can't just do the same strategy as someone else and expect to get ahead. You gotta place your bets on a different strategy.

No, you don't. Betting all on black is just a different gamble, and in my opinion a more risky one. But investors are ok with it because many prefer pure play gambles.

There's no law of nature saying that you have to zig when others zag. A big opportunity like clean energy has room for many winners.

Reply on news.ycombinator.com