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Politics : Ask Michael Burke
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To: moonsparks who wrote (54482)4/4/1999 1:50:00 PM
From: Bonnie Bear  Read Replies (3) of 132070
 
moonsparks:
1) learn about bonds and the bond market too. zero-coupon treasury bonds outperform most stock funds.
2) An MBA is worthless for understanding the stock market. A degree in psych might help.
3) new tech cycle: biotech, yes. But there's a couple other areas.
The computer box, the OS, the software, the keyboard all think in English. But the keyboard is a throwback to the days when women used manual typewriters and the tines stuck together if they typed too fast, so the characters were arranged to slow down their typing. And this grossly inefficient qwerty keyboard is what you get to this day. It's lousy in English, and completely incompatible with Chinese or Arabic.
We have this fantasy in this country about forcing the rest of the world to learn English, but this represents intellectual genocide of 95% of the world's culture. It can't speak very well, or understand speech. It's uncomfortable to use and lots of people become permanently handicapped using it too much. Keep an eye on China and India for a new tech cycle, they will need to reinvent the PC to make it useful, computers don't have to think in English.
4) You are in the middle of the biggest speculative bubble in human history. Look for the next speculative bubble.
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