The Art of Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Art of Investing

PICK 47.71

+0.7%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: robert b furman who wrote (4937)	7/25/2022 11:11:42 AM
From: Sun Tzu	Read Replies (2) of 10655

A rising tech will always remain inferior to the established one. This is what it means to be rising. For example, audio cassettes were far inferior to vinyl records. In fact, even CDs remained inferior to records for a long time. And streaming audio is far more inferior to CDs. So while I agree with you that range insecurity remains a problem in the US (and Canada). That is not a reason to believe EVs will not take over. But first the hype has to turn into loathing. So we are probably ~3 years away from the trough. BTW, I hold the same opinion on crypto and digital currencies. I have no doubt that they will take over the financial world, just as the Internet took over the information world. When they do, it will be make a loud booming sound around the globe. Not just in the financial world, but entire governmental systems will collapse. But that will come later. My guess is the trough is in ~5 years and the tipping point in ~10 years.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next