Hi Susan, as all techies and techie inclined, I agree with the sentiment you expressed and I know the world will continue to enjoy the freedom and opportunities made possible by the ever cheaper net infrastructure.
The issue more urgently at hand is that due to a classic tech inspired and liquidity fueled mania (I trust we have no argument concerning the reality of the mania), the world has suffered indigestion, and may suffer a heart attack of historically rare magnitude, in line with the net's historic significance. This latter event, should it occur, will take much, from many, in short time, forever.
We should not heatedly discuss the merit of the net, or its cost, but its total immediate effect on our collective wallet. We will get back to net investing, but only after having secured a higher relative financial position vis-a-vis our co-investors from the bullish clan.
Chugs, Jay |
