The Pomp Letter

The Pomp Letter

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The Pomp Letter
The Pomp Letter
Never Ask Incumbents For Their Opinion

Never Ask Incumbents For Their Opinion

Anthony Pompliano
Sep 10, 2019
∙ Paid

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The Pomp Letter
The Pomp Letter
Never Ask Incumbents For Their Opinion
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To investors,

One of my partners is fond of saying “never ask an incumbent for their opinion on disruption.” This phrase is not only memorable, but it is true. 

The latest incumbent to remind us why we should avoid seeking their opinion is the Society for Worldwide Interbank Financial Telecommunications (better known as SWIFT). A representative from the i…

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