Using Your Imagination
SUMMARY
- It's what people don't know that moves share prices.
- You won't predict anything by looking at history.
- Grab a Gin & Tonic, shut your eyes, and imagine.
- Think outside the box.
- What will be different in 10 years, 20 years time?
- And what does that mean for what stocks?
USING YOUR IMAGINATION
It’s what people don’t know that makes you money in the stock market, not what everybody already knows. What everybody knows is in the price. On that basis, it is wasted time poring over history, the known and the numbers. Your best research is going to require a pint of lager, a pair of speedos, a sun bed, a pool, a sunny day and an imagination. Shut your eyes and imagine waking up in twenty years time. What’s different? And how does that affect stock prices?
Technology first:
- Fixed line telephones – As useful as semaphore. Why have we still got them at all? Because some of you keep paying for them. Stop.
- Knowing how it works - Why do we need to know how to fix issues. We are going to get to a world one day that has no turning on, logging in, rebooting, error messages, crashes, printer errors, software conflicts. How absolutely ridiculous that we are currently expected to execute, let alone understand, defragmenting, optimizing or know what a C: prompt is. All that will be gone. Printers are almost gone already. Teh c: prompt has.
- Viruses, hackers, spam – Gone. What stupidity that we are plagued by these. Its a phase. Ugly things go in cycles. This one is peaking. The full weight of technology and law will be brought to bear in their eradication as they become an unacceptable threat to productivity.
- Email – There is a reason your kid doesn’t have an email address. Its old technology. In a few years everyone will be connected to everyone else by video link all the time and no-one will type a word.
- Keyboards – Gone. I am already touching the screen of my laptop thinking how archaic it is that I have to use a mouse or hit a keyboard. It will go further. No buttons. No remotes. By 2030 voice commands will be passé. The alphabet redundant. Input by binary mind link.
- Household Gadgets – There are so many devices in development stage at the moment that half of us have five different ways of doing similar things. Gone are your iPhones, iPads, TV’s, PC’s, laptops, security systems, heating controls. There can be only one. Sell anything to do with hardware. It is already a commodity and will soon be given away as a Trojan horse for the services they deliver.
- Paying for the internet – Ridiculous. Paying for usage, distance, time. A joke. It is already a utility without which the economy ceases to function. The security of the internet is already a global Achilles heel. We can’t leave it in the hands of free market predators. In twenty years it will be provided by government and protected by the military. All ISPs have limited shelf life. There is already no need to pay someone to sell it.
Other:
- Rubbish - One day everything with be recycled. Everything. The idea that almost every house in Australia sends a wheelie bin to landfill every week is a future embarrassment. Everything will one day be produced with a clear understanding of where it will end up. We will compromise to achieve that. Buy recyclers.
- Power lines – There won’t be any. The concept that every house has suspended power, communications and telephone wires running between them, strung on poles down every street makes us a laughing stock. Let’s get them down before someone from another galaxy sees them. Sell Copper stocks.
- Money – It’ll be completely digital. Almost is already. No credit cards. Swipeable Identity implants. Sell the Perth Mint.
- Manual Labour - Bring on the AI humanoids for everything boring. Not sure how 50% unemployment is going to go.
- Customer Contact – People, smiles, pens, paper, cheques, certificates, application forms, files, customer service. Even buildings. All a waste of time, resources, capital. A digital customer interface for everything. Quicker and better. Robotic cashiers at the very least. Sell call centres.
- Preventative Health – Blood pressure, cholesterol, risk of stroke, cancer. Anything that lowers your chance of becoming a burden on health resources will become self diagnosable and government funded. Without it the system is at risk of being swamped by an ageing population. Buy healthcare.
Hopeful Headlines:
- “Dental wash eradicates dentistry profession”.
- “Water production exceeds demand”.
- “Ozone producers reverse global warning”.
- “Water fusion energy distributed for free”.
- “Government legislates on permissible lifespan”.
- “Tazer gun legalised for parents whose kids tell them what to do whilst having everything paid for”.
New criminal offences – help me out here Kitty.
- Taking a picture in a bathroom with your tongue out.
- Posting pictures of a sunset with the tag “Life is Great” (it obviously isn’t).
- Tik Tok.
- Staying at home beyond 21.
- Talking in an affected voice.
- Saying “Ya” or “Like”.
- Looking at a phone during a meal.
- Looking at your phone whilst watching TV with your husband!
- Posting a picture of a meal (we’re not interested).
- Describing your round of golf for more than 15 seconds and saying “I would have had 40 points if...” if you got less than 30.
You get the idea.
I first wrote this article in 2010. If you can add to it EMAIL ME HERE