![\"\"](\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2019\/06\/AAExperiencingProblems..jpg\")
<\/p>\nThe kids are in charge. They have strong ideas about their brave new world and hey are aggressively exercising their pocketbooks:<\/p>\n
+ Veggie burgers. All my kids are off real meat. That’s bad news for the meat processors. My kids don’t eat processed foods — stuff that comes in plastic bags. Bad news for the food processors.<\/p>\n
+ My kids don’t like cannabis. But a lot of their friends do. Meantime, all my kids are off liquor. They drink beer. Good for local breweries which their friends are opening.<\/p>\n
+ Streaming video. They’re cable cutters. They love Netflix and YouTube TV (Google). My $500 a night weekend hotel didn’t have HBO or the Tennis Channel!<\/p>\n
+ They only go shopping for food. Everything else they buy from Amazon. Walk New York’s streets. You’ll be staggered at the number of empty stores. Store-based retailing is dead — except for stores with their own stuff and an “experience” — like free classes at LuluLemon or Nike’s incredible store on Fifth Avenue.<\/p>\n
+ One on one is awful. American Airlines cancelled our flight this afternoon, then scrambled to find us seats on a later flight — killing our plans for dinner with the kids. What an awful business airlines. Your world is dependent on the weather and irresponsible suppliers like Boeing. And then this last night. I don’t make this up.<\/p>\n
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+\u00a0And cameras… Not a business you want to be in.<\/p>\n
Keep these trends in mind as we journey through the next few months finding early-stage Amazons, Apples, Googles and Netflixes.<\/p>\n
Smartphone cameras are killing the camera industry<\/strong><\/span><\/p>\n My friend tells me Apple has more engineers working on its iPhone cameras than all the camera makers — like Nikon, Canon, Fujitsu, Panasonic and Sony — combined. Maybe that’s why I’ve given up carrying my trusty Canon G5X in favor of my iPhone 8 plus.<\/p>\n Central philosophy<\/strong><\/span><\/p>\n + It\u2019s much easier the second time.<\/p>\n + Google always has a solution, the second time you look. Be wary of those sponsored ads on top.<\/p>\n It\u2019s a buyers\u2019 market in houses and apartments<\/strong><\/span><\/p>\n + Don\u2019t fall in love. You’ll overpay.<\/p>\n + Offer 30% less. Offer cash. Offer your ability to close fast.<\/p>\n + Be prepared to wait.<\/p>\n + The best buys are estate and divorce sales.<\/p>\n + Don’t get bamboozled by broker talk. Like talk about he 500 other “buyers.”<\/p>\n + Don’t expect the price of your chosen apartment or house to necessarily appreciate in coming years. There are far too many forces arrayed against you — Airbnb, rich people downsizing, the ease (and cheapness) of building new stuff, especially with today’s low interest rates.<\/p>\n What you pay is the most important part of any deal. Buy cheap. Prepare to walk. Learn to say NO.<\/p>\n Don\u2019t do stupid<\/strong><\/span><\/p>\n + Always wear shoes at home. You won\u2019t stub your toe on that metal chair.<\/p>\n + Hold the railing going down. Don’t fall on the last step.<\/p>\n What more can I say?<\/strong><\/span><\/p>\n Meatless burgers are a great rage. I’m pleased. Feed animals are a huge burden on our world.\u00a0Worldwide, livestock accounts for between 14.5% and 18% of human-induced greenhouse gas emissions. Our kids have largely given up meat.<\/p>\n If Beyond Meat didn’t taste so awful, I’d buy the stock again. But meatless burgers are fun:<\/p>\n For the full delicious article, click here.\u00a0<\/strong><\/a><\/p>\n I test a Hauwei cell phone.<\/strong><\/span><\/p>\n A Chinese fellow I met had one. He loved it. It was large. It had three cameras, two phone lines (one for the U.S. and one for China). It had a wonderful screen. It reminded me of the bigger Samsung models. In China (where he bought it) his Hauwei cellphone cost one-third the price of an iPhone.<\/p>\n I have no idea if Hauwei is a threat to the world. I feel sad I can’t buy such a nice phone here.<\/p>\n Happiness is not buying shoes for yourself.<\/strong><\/span><\/p>\n It spikes your happiness, which quickly falls.<\/p>\n Happiness is buying shoes for someone who needs them.<\/p>\n Reader Nancy Klaus got the answer right.<\/p>\n Giving really works. As my professor, Dr. Tal Ben-Shahar , said at our weekend reunion, “To give it to receive.”<\/p>\n Harry Newton. I’m seeing these two grandchildren, Zoe and Sophie, this evening (if American Airlines ever gets me to Boston). Their mother, Claire, is preparing a birthday cake for me with 77 candles. Should be fun. She has a new fire extinguisher.<\/p>\n One of the two burning tankers in the Gulf of Oman today.<\/p>\n I updated the list of stocks I like. See the right hand column here.<\/strong><\/span><\/a><\/p>\n![\"\"](\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2019\/06\/DigitalCameraSales.jpg\")
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\nFortunately these two are too young to be drafted into our upcoming war with Iran. The tanker attacks remind me of the beginning of the Vietnam War. Yuch.<\/p>\n![\"\"](\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2019\/06\/Burningtanker.jpg\")
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