Convergence

We understand Warren Buffet says he would rather invest in a high tech bagel than a technology company that he can’t understand. Investing in technology stocks is certainly not for the timid as the hot tech company of today can find itself the “has been” 5 – 10 years later. But the rapid (often times structural) changes in the competitive landscape that often occur over a few short years in tech land should serve as a sobering reminder that the leaders of today will often be replaced by a new business model tomorrow. Only the shift in consumer related business models, particularly highly people intensive busi ...