As you'll recall, I spent much of last week with the folks at Casey Research, at their most recent investment summit. They always put on a top-notch show, and there were many impressive speakers. But, as a big fan of technology, both for its place in the future of our economy and for the sheer coolness factor of some of the amazing things we can now achieve, I really liked one talk in particular.
Alex Daley, editor of Casey Extraordinary Technology (a newsletter I look forward to reading every month), gave an excellent talk on some of the amazing under-the-radar shifts in technology that have taken place just so far this year. While I watch the latest technology developments with some zeal, it is easy to put the potential of a technology well ahead of its practical use – a mistake that can be costly for investors. Alex has proven himself quite adept at calibrating the "application curve," and I thought we could all learn from what he had to say, so I asked him to upload a copy of his talk to the web for you to see.
You can watch the presentation here:
or, if you prefer to read a transcript, Alex has written up his notes, which are below.
If you like what Alex has to say, I would encourage you to take his excellent investment advisory service for a spin. I think you'll find his regular commentary (and stock picks) as insightful as his speech. Plus, he's very forward about his track record, an uncensored version of which appears in the back of every issue. You can give it a look here: http://www.caseyresearch.com/cm/curing-cancer.
And I'll also suggest that if you like this forward-looking piece you might also want to check out this op-ed by Andy Kessler in the Wall Street Journal. I spent a long evening with Andy last week in Palo Alto. He's one of my favorite authors, whose first claim to fame was turning $100 million into a billion in tech stocks and closing it down at the top. Way cool. Since then he thinks and writes and plays with his boys. But he gets the world in a way few do.
Your thinking about the future again analyst,
John Mauldin, Editor
Outside the Box
2012 – The Most Important Year Yet in Technology
Many of us fondly remember the announcement that rang with the turning of the millennium: "the first map of the human genome is complete!" It was a momentus achievement to be sure, even if it did take 13 years and cost about $3 billion. That's because none of that mattered. It was going to rush in the age of the genetic medicine,…