Tom Lee: The Biggest Mistake Most Investors Make Is "Only Looking at the Present," and They're Not Good at Growth Investing

Odaily reports that Tom Lee, Chairman of Ethereum treasury company Bitmine, said in an interview that most investors are not good at growth investing, and their biggest mistake is "only looking at the present" rather than what new technology could turn it into.

Tom Lee pointed out that growth investing requires establishing a clear Base Case and fully understanding the potential Total Addressable Market (TAM). Investors often assume that future opportunities are limited to the current market, thereby underestimating a project's growth potential. While new technology brings uncertainty, speculation, and innovation, most investors tend to focus more on the risks involved rather than the potential opportunities.