Paul, >>>The macro economic situation isn't Intel's fault<<<
I'm worried for you. You are beginning to sound civil and almost worth saving from your own nightmares of doom and gloom.
The laws of economics, such as they may be, have not been rescinded. You will always have, as Harry Truman used to say, economists with two hands. On the one hand you have the cycles of boom and bust. These are psychological events caused by irrational emotions - that even Prozac will have no effect - much as I value my LLY investment.
On the other hand, we have the Silicon Valley and Internet phenomenon. We have already seen the wealth that has been created by entrepreneurs in Silcon Valley and we are about to see the greatest dissemination of knowledge since the invention of printing with the spread of the Internet.
You don't have to be a genius to visualize that the potential to enleash hundreds of Aristotles and Da Vincis are in place - or at least a few million Gates - and great improvements to the human condition have just begun.
And, don't think that Silicon Valley will be confined to California. The Genii has been let out of the bottle - and I don't mean the bimbo on TV. I don't want to sound too Pollyanish - of course there will be booms and busts, and some false starts, but gentlemen, start your engines, the NEW PARADIGM is the real deal and is revving up.
Regards,
Mary Cluney
BTW, Paul, let me ask you, if you had only one investment to make and can only cash in the year 2020, where would you put your money?
|
