{"id":50730,"date":"2020-05-20T12:31:06","date_gmt":"2020-05-20T16:31:06","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=50730"},"modified":"2020-05-20T13:42:10","modified_gmt":"2020-05-20T17:42:10","slug":"the-birds-are-skipping-on-their-rent-but-technology-is-paying-off-big-time","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=50730","title":{"rendered":"The birds are skipping on their rent. But technology is paying off — big time"},"content":{"rendered":"

Index funds are easy. Buffett and others push S&P 500 funds.\u00a0 They’re not doing well, because the S&P 500 is full of garbage — all the stocks that lost their customers because of Covid.<\/p>\n

Here’s a chart comparing the Dow, the S&P500 and Nasdaq. Note which one is doing far better.<\/p>\n

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Now look at this chart of Nasdaq versus my favorite Vanguard ETF, called the VGT.<\/p>\n

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Predictions. Predictions. Predictions.<\/strong><\/span><\/p>\n

Stop inundating me with post Covid-19 predictions.<\/p>\n

+ We won’t go to the office. We will go.<\/p>\n

+ We’ll all leave China. We won’t leave China.<\/p>\n

+ Apple will make iPhones on Bondi Beach, or Texas or wherever.<\/p>\n

Predictions are irrelevant. All that counts is the opportunity I can find today.\u00a0I like:<\/p>\n

+ Ultra-cheap assets. More about my son’s brilliant trade tomorrow.<\/p>\n

+ Short-term trades. Take some money off the table fast. Great news that isn’t so great, on second look. Think Moderna.<\/p>\n

+ The digitization of the world. This one I really like. Now if only FedEx, Nordstrom. Citibank, the airlines and a million others would fix their web sites and make getting answers for their customers easier….That includes fixing their call centers, answering their phones. I’m sick of being put on Eternity Hold because of a pandemic.<\/p>\n

Another reason it’s going up<\/strong><\/span><\/p>\n

From Business Insider today:<\/p>\n

Thousands of sports fans who can’t gamble on their favorite teams are reportedly flocking to the stock market instead. Charles Schwab, ETrade and Interactive Brokers together added roughly 780,000 new customers in March or April.<\/p>\n

Five years of a cannabis stock<\/strong><\/span><\/p>\n

50 years ago, marijuana was nice. Today the weed has been “improved” and made stronger — far too strong. Dangerous, in fact.<\/p>\n

Anyone who’s been smoking or eating the stuff for several years will suffer long-term health consequences. None of us should be putting anything into our body that’s man-made. (Unless there’s a sound medicinal reason.)<\/p>\n

This is five-year chart of a leading cannabis stock. Look at the chart. I can see lots of easy ways to lose lots of money.<\/p>\n

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What is wrong with people who refuse to wear masks?<\/strong><\/span><\/p>\n

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Masks protect you from others. Masks protect them from you.<\/p>\n

What am I missing?<\/p>\n

Feel-good gorgeous clean video<\/strong><\/span><\/p>\n

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