Hi folks! Been busy with a large backload of work from the day job, plus a long honeydo list, plus a few days of R&R, so I'm wayyy behind and have a lot of reading to do. Could all you busy little buggers try to slow down the posts a bit til I catch up? In the meantime, three quick points.
First, the R&R was spent at a place so incredibly wonderful and relaxing it deserves a free plug: the Miraval spa/resort outside Tucson. Great setting (in the Sonoran desert), great activities (spa, exercise, New Age, etc.), great food (all extremely healthy), great staff and atmosphere. For them as likes pampered getaways, tekgirl and I highly recommend it as a way to burn up a chunk of those G&K profits...
Second, I think the current issue of the Gilder Technology Report is quite good, and lays out his theories in a particularly cogent way. A sample (well within the acceptable quote limit, all, so be quiet!):
"Computers no longer spearhead the economy. The action is elsewhere. The action is in the Telecosm....The computer era is falling before the one technological force that could surpass in impact the computer's ability to process information. That is communication....In the new economy, communications capacity, or bandwidth, replaces computer power as the driving force of technological advance. The telecosmic vision of nearly infinite bandwidth does for communications what Moore's Law did for computing: defines the direction of technological advance, the vectors of growth, the sweet spots for finance."
Gilder provides an excellent complement to the Gorilla Game. He supplies a visionary yet sensible theoretical framework that identifies key technological growth sectors, from within which one can proceed naturally to a GG analysis of individual companies. Not surprisingly, the Mighty Q lies right at the intersection of both approaches. Those who don't subscribe might want to consider doing so; IMO it's worth the cost and the annoying prose.
Third and finally, I just want to thank y'all again for putting me in clover. I mean, January has already been a perfect display for what this thread has to offer. We kept our heads during the dip; some of us even picked up some bargains; most of our faves are now firing on all cylinders; people continue to share their experience and expertise in countless ways, public and private; and my portfolio, for one, has hit heights I never dreamed possible. So, to UF, the Roundtable, and everybody else, thanks for everything.
Now I have to go read 800+ $@#!! posts....
bubbleboy/Ares@tanned,rested&ready.com |
