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The Internet Is Alive And Well (As An Investment)
- quizbiz 17y agospin off question: Does an internet company ad wealth to your life if you do not have an internet connection?
- adamhowell 17y agoSorry, but what are you talking about?
- quizbiz 17y agoI'm not sure. I'm not questioning Fred's writings but trying to tackle my own suspicions about investing so heavily in software that exists in something we call a "cloud", something we can not hold, something that can vanish just as easily as it can be created out of thin air. I'm trying to question how we value the purely digital as investments.
- trafficlight 17y agoYou make it sound like only physical items are worth investing in. Did you invest in your education?
- mseebach 17y ago> something we can not hold, something that can vanish just as easily as it can be created out of thin air. Physical things can vanish in any number of ways (e.g. fire) and restoring from a backup is non-trivial.
- vaksel 17y agoyou can get access at a library or a friend's house.
- fallentimes 17y agoYes, because many internet companies benefit the companies you use off-line.
- jmtame 17y agoi just saw this comment from gary vaynerchuk on my facebook feed: "Come on People - the modern internet that we all know is 15 yrs old, it hasn't had sex yet! Can we stop the debate - It will WIN! All this talk about if it is still a good place to invest money or if you can still build big businesses is INSANE..the answer is YES! Sorry TV and Newspapers and magazines you are in TROUBLE!"