- New technologies are coming fast and will be coming faster in the future.
- It’s important to avoid getting caught in a declining industry, but it’s also important to not buy into the hype of growth industries at crazy valuations.
- We’ll try to find sectors that will benefit no matter what happens.
Last week’s unveiling of Elon Musk’s new “solar roof” poses a very important question for investors: How is your portfolio positioned in relation to structural changes and disruptive technologies?
We might look at solar roofs as uneconomic at the moment—or call a CEO crazy who wants to colonize Mars—but the trends are here to stay. Rare are those among us who would have reacted positively 20 years ago to the idea that it would soon be the same process buying an electric powered or a gasoline fueled car. More →