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You may be right. People were talking about a bubble for several years back in the late 90s before it finally burst in 2000, so there's no reason to assume thi
by gpjt 16y ago
You may be right. People were talking about a bubble for several years back in the late 90s before it finally burst in 2000, so there's no reason to assume this one will be any faster.
That's actually why I was looking at investing in Amazon AWS; I don't have enough money to invest in startups, but I was hoping that I could buy some stock in something that would grow as startups do; the old metaphor of buying the company that sells shovels to gold prospectors. That's why I was a bit disappointed that AWS is such a small part of Amazon's service, because it meant that I couldn't use them that way -- and because they're such a massively dominant player in the hosting market, there seemed to be little point in investing in (eg.) Rackspace instead.
Still, my investment track record is kind of spotty, so I may well be totally wrong with that strategy anyway.
- kls 16y agoIf you want to invest in this bubble, commodities is where it is at, more direct and they are the only other item left that had not been hyper inflated, the trick as with all bubbles is to time your exit. Find a commodity, any commodity that has not already hyper inflated and get it, it will inflate, the commodities pop is going to be worse than any of the bubbles before them.