Investing advice, book recommendation for tech stocks from top manager - Business Insider

It is widely believed that humanity has lived through three industrial revolutions.Secondly, mass production enabled the industries that brought us electricity, steel, and other technologies that defined the 19th century.

And now, Schwab believes we're going through a fourth industrial revolution. Here's how he described it in a blog"The possibilities of billions of people connected by mobile devices, with unprecedented processing power, storage capacity, and access to knowledge, are unlimited. And these possibilities will be multiplied by emerging technology breakthroughs in fields such as

He said the book helped him understand how these technologies are quickly sweeping the globe, and "how extremely important it is to understand what's going on with disruptive innovation and technological advancement to be able to succeed in the investment arena." For context, skyscrapers and the rail industry would probably not exist without steel, while the world's most valuable companies today — which are mostly software-related — would not have blossomed without the internet.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Stock market investing: US versus global equities trend set to reverse - Business InsiderMORGAN STANLEY: US stocks are poised to end their worldly dominance for the first time since the financial crisis. Here’s the best way to profit from that shift. soooooo..... r we winning yet? 🙄
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

Howard Marks offers advice on how to navigate negative interest rates - Business InsiderHoward Marks says investors should look for durability and dependability to help navigate through an unprecedented negative interest rate environment.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

CIOs say tech is changing 'too fast' as they take on bigger roles - Business InsiderCIOs say that technology is changing 'too fast,' even as the rise of the cloud and the risk of cyberattack makes them more important — and more visible — than ever
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

Peloton stock analysts initiate coverage, are overwhelmingly bullish - Business InsiderPeloton just got a slew of 'buy' ratings from analysts who think the bike company is poised for major growth and could turn profit within five years.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

13 high-dividend-growth stocks trading at low valuations: Goldman - Business InsiderWall Street has fallen in love with stocks that pay big dividends, and Goldman says they're still the cheapest in a decade. Here are the 13 the firm recommends most. EINSTEIN seems so happy here
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »