I don't see why. Ultimately when you invest in equities you invest in companies who are the ones producing those innovations and harnessing new technology.I'm questioning how "traditional" investing strategy can possibly hold true in the 21st century, with all of the innovations and complexities.
I think you mean "buying baubles from Satan himself"Originally Posted by Lewkowski
In the future, the Berlin wall will be a mile high, and made of steel. You too will be made to crawl, to lick children's blood from jackboots. There will be no creativity, only productivity. Instead of love there will be fear and distrust, instead of surrender there will be submission. Contact will be replaced with isolation, and joy with shame. Hope will cease to exist as a concept. The Earth will be covered with steel and concrete. There will be an electronic policeman in every head. Your children will be born in chains, live only to serve, and die in anguish and ignorance.
The universe we observe has precisely the properties we should expect if there is, at bottom, no design, no purpose, no evil, no good, nothing but blind, pitiless indifference.
Not all companies are about innovation and new technology. Are they?Like the shirt I'm wearing that was made in China. The reason its being made there is because its labor intensive and China's got lots of cheap labor so profit stays high. No technology or innovation needed.
The Rules
Copper- behave toward others to elicit treatment you would like (the manipulative rule)
Gold- treat others how you would like them to treat you (the self regard rule)
Platinum - treat others the way they would like to be treated (the PC rule)
Yeah not ALL companies but most people have 401k's or mutual funds have the presence of Apple, Wal - Mart and other big fortune 500 companies that are investing in technology. I guess my point is increasing technology isn't anything to fear. We have seen the same pattern for hundreds of years. Technology displaces some workers and new *and better* jobs become available.Not all companies are about innovation and new technology. Are they?
I personally LOVE technology.I probably should fear it more. Illusions has made some compelling/fun arguments that technology's advance will eventually kill us all.
The Rules
Copper- behave toward others to elicit treatment you would like (the manipulative rule)
Gold- treat others how you would like them to treat you (the self regard rule)
Platinum - treat others the way they would like to be treated (the PC rule)
Posting Permissions
Reply With Quote