buy the "cutting edge" technology stocks
only after their first major retracement.
by that time
they have distinguished themselves,
still qualify to be a multibagger
and are ready for the big flight!
by technology i don't mean I.T..
i am refering to the emerging technologies in any field.
e.g. biocon (biotech)
sintex industries (MDF : medium-density fibreboard)
mahindra reva (electric automobiles)
--
according to
amara's law
"we tend to overestimate the effect of a technology in the short run
and underestimate the effect in the long run."
only after their first major retracement.
by that time
they have distinguished themselves,
still qualify to be a multibagger
and are ready for the big flight!
by technology i don't mean I.T..
i am refering to the emerging technologies in any field.
e.g. biocon (biotech)
sintex industries (MDF : medium-density fibreboard)
mahindra reva (electric automobiles)
--
according to
amara's law
"we tend to overestimate the effect of a technology in the short run
and underestimate the effect in the long run."
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