
A new term has entered discourses about our economy, “the age of abundance.” This seems to be a big jump from recent discussions about the possibility of a recession this year! In many ways, we have already been living with abundance. Certainly not in everything, but drive by new car lots, walk through grocery and other store categories, and you must wonder at the abundance of so much. In human history, this is surely an age of abundance.
The technology revolution promises even more. Machines already dominate manufacturing. What happens when they gain even more capabilities driven by artificial intelligence and major advancements in sensors? Self-driving cars and humanoid robots are here or just around the corner. So many new endeavors and use cases are coming. Did you foresee what all the uses of the internet could be back when it first emerged? We are on the brink of an even greater explosion of new ways of doing things, only limited by our imaginations.
So, how should investors view current opportunities? With relish, hopes the Lonely Bull. The stock market has already shown us one of the greatest ways of creating wealth. That is to find a new underlying growth trend, invest in it early, and stick with it as value is compounded. There are many of these in so many fields. This is what we are doing for you! Stay steady my friends.
-The Lonely Bull