Re: "DeepSeek" - China AI App Shakes Up Tech Markets

On 29/01/2025 14:22, D wrote:

  On Wed, 29 Jan 2025, The Natural Philosopher wrote:
 

>
There was a nice sharp drop in tech prices on the markets. I used it to increase my holding in tech funds. Fund managers dont know as much about AI as I do, and that's little enough.
>
There are other things going on in tech besides attention grabbing AI.

 What is the most interesting tech trend apart from AI?
 I have no tech in my portfolio. Since I work with tech, I tend to like what the masses don't. So I stay away from it. ;)

Mr D. I have in my portfolio anything that is *managed by someone else*, that has shown consistent growth over the last few years.
Plus a few speculative gambles.
The fund I bought into is global technology accumulation, BUT they also will hedge into cash in falling markets and buy long to amplify market movements.
No financial adviser would consider them safe, but they have really delivered consistent returns. It just so happens that at the height of the pandemic tech got a huge boost, and although it sagged later, its all very fashionable with the markets, whereas energy has it seemed almost peaked out.
The trick with investing is to follow the herd. You may thereby only see arseholes, but who cares if you can make 10% ROI?
--
Those who want slavery should have the grace to name it by its proper name. They must face the full meaning of that which they are advocating or condoning; the full, exact, specific meaning of collectivism, of its logical implications, of the principles upon which it is based, and of the ultimate consequences to which these principles will lead. They must face it, then decide whether this is what they want or not.
Ayn Rand.