Ralph Wanger
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Ralph Wanger
auto ended figured grad mechanics traders
These days, you've got day traders working from home, auto mechanics and grad students, who think they have it figured out. In the past, these (types of trends) have ended badly.
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Everything to do with travel and leisure and theme parks and hotels and casinos is just getting mashed. But I think once people get over their shock and sadness, a vacation might seem like a good idea.
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Since the Industrial Revolution began, going downstream - investing inbusinesses that will benefit from new technology rather than investingin the technology companies themselves - has often been the smarterstrategy.