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

On Thu, 30 Jan 2025, The Natural Philosopher wrote:

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.

But past performance is not guarantee of future performance? ;) Jokes aside, I think finding a good fund manager is one way of evaluating funds, along with other markers and data points of course.

Plus a few speculative gambles.

I had a few small time successful mini-gambles on turn around situations, and one major success. Also, naturally, many negative outcomes, but the successes, so far, outnumber the failures with quite a nice factor.

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.

My most successful fund ever is a swedish real estate investment fund. For at least 2 decades they have delivered outstanding returns. I don't advertise, make no grand pronouncements, are owned by a boring insurance company/bank that it not know for their investment funds, and yet, year after year, they have done well.

The trick with investing is to follow the herd. You may thereby only see arseholes, but who cares if you can make 10% ROI?

Either invest ahead of the hert (difficult) or after the herd at bargain prices (much easier in my experience).