Interesting discussion...I tend to think similar to Bull...."s post.
Caution ...A Wednesday rant below
We are living in IR4 (4th industrial revolution)
From my perspective IR4 was just chugging along being
"managed" by large corporate tech to guard their self interests and hampered by old infrastructure, legal processes, lack of desire to future proof, etc...
However we all know from history that a Global Crisis or a World War helps to break down old established systems and creates a sudden surge of change and with it new disruptive companies/systems emerge and start to dominate.
I think Co-vid pandemic has done this...This crisis has accelerated change which was previously forecast
(managed) to happen in the late 2020's to happen now.....a leap
Why I'm jealous of my son is partially money-wise but mostly because this leap is threatening to leave me behind..basically put..I'm old school using old school thinking and old school ways of doing things and that includes the way I invest..I have old memories which causes me to use bias decision-making, such as remembering about the aftermath of the "Dot Com Bubble". So.. as a "experienced investor
I wag my finger at my son and say "you got away with it this time young man but this "pass the parcel" game is a mugs game ..
...
but..
.Is it possible my advice is not relevant in today's way of investing?
Is my twenty-something son actually more experienced than me ?
Is it possible that we are experiencing a
paradigm shift** and the switched on people are profiting from this window of opportunity?...
Are we seeing a paradigm shift in certain sectors caused by the covid crisis (tech leap)? such as Health sectors Retail sectors etc..
We are accustomed to bots running within all industry sectors. The Equity Market has bots which are
algorithms*** Is TA becoming more important as this discipline is growing mass over that of Fundamental reasoning?
Looking back at History... The problem with "managing" change is the risk of falling behind and with pent up "demand for change" pressure the flood-gates inevitably suddenly open up causing disruption to the old entrenched systems
Is the
latest wave of meme investing using social media tools becoming a powerful force, if true is it becoming a disruptive force capable of causing a paradigm shift within the stock market sector??
Will this ongoing price/demand influence continue to turn fundamentals (and it's logic theories) on its head as it has done this last few years with egg over the Guru's faces and the industry's "so-called inexpenced call" young tech investors continue to make "quick-fire" money against all fundamental odds?
Will this form of volatile investing (long and short) using quicker data transfer become the new normal and dominant form of investing at the expense of the more slow less intensive data transfer traditional long term buy and hold investing strategies?
Does the Equity market sector believe this new way of investing is here to stay?..If so, can it continue to create and update ultra-fast data communication to cater for it...If the market sector disbelieves and is correct life carries on as before...but what happens if it is wrong?
Time will tell....
And as I said in my last post my son may be able to teach me how to invest...eh
.................................................. .................................................. .................................................. ...
** a
paradigm shift is
defined as "an important change that happens when the usual way of thinking about or doing something is replaced by a new and different way." ...
***
Algorithms are always unambiguous and are used as specifications for performing calculations, data processing, automated reasoning, and other tasks.
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