Everybody wants to find the next Google to invest in. Eric Schmidt, the CEO of Google, says put your best people in mobile. That’s an interesting concept. So what he’s trying to say is mobile is the future. Mobile is where technology is going.
Basically, it’s because everything that you do that can be digitized is going toward mobile. Whether it’s voice, music, entertainment, information, everything is going toward mobile. So if Eric Schmidt, who runs one of the most significant technology companies on the planet, is basically saying put your best people in mobile, maybe as investors, we should be putting our best technology dollars into mobile.
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Get Rich Slow
Get-rich-quick investment advice is a fantasy. Get-rich-slow is a validated strategy for real wealth.
Today, it is more important than ever to keep the long-run perspective firmly in mind…
Lest you’ve forgotten, world financial markets are in a state of unparalleled disorder. More capital has been drained from markets, thanks to the irresponsibility of politicians and the acquiescence of naive citizens, than at any time in modern history. The damage done by bombers and tanks in world wars has been matched by the unintended consequences of central planning and bureaucracies.
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