Hamish McRae: Warren Buffett isn't convinced the tech industry can continue to grow – and perhaps we shouldn't be, either

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The Oracle of Omaha has been more right than wrong over the years, writes Hamish McRae

says something, even investors who do not agree with him sit up and listen. So the Oracle of Omaha’s annual letter to shareholders ranks only behind his annual meeting of Berkshire Hathaway as a moment to ponder about the next directions of the world of. And this weekend’s letter is particularly interesting for two reasons: he has had a bad year; and he is finding it hard to discover real value in most shares.

 

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I think most people in the tech industry would agree. Still too many investors/pundits see technology as an end in itself rather than a tool used by many other industries.

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