Remember, Schawb wrote this book in 2016 and then the next one in 2018, if you read the book in 2016 and you know that blockchain will be the next big thing, you are already know that Bitcoin and Crypto will be huge back then.
Also, most semiconductor stocks gave massive gain in 2017, all due to I.R 4.0
Here are the list of 4.0 theme: 1. Blockchain and Distributed Ledger Technologies 2. The Internet of Things 3. Artificial Intelligence and Robotics 4. Advanced Materials 5. Additive Manufacturing and Multidimensional Printing 6. Biotechnologies 7 Neurotechnologies 8 Virtual and Augmented Realities 9. Energy Capture, Storage and Transmission 10. Geoengineering 11. Space Technologies
Semiconductors play roles in blockchain, iot, ai, robotics and manufacturing. So, considering all of these multiple catalyst, shouldn't the semis go higher?
Anyone who just bought the dip from 2013 has been making a lot of money while those people who try to long and short and time the market are net loser.
This trend will continue until we reach peak expectations and when they are euphoria amongst the retailers and businesses, then that's the peak.
As long as everyone keeps calling for market to crash, then, market will grind higher in a wall of worry.
That's how market works. Deal with it.
Industrial 4.0 will overcome all the economic issues and economic policies. The catalyst is big enough that it will keep climbing and grinding higher.
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