AOL used to be the biggest ISP when the Internet was just a baby. What went wrong? Could we have predicted that AT&T and cable companies would be your ISP? The answer is yes you can. The reason is that phone companies and cable companies already have the network built. We all know that dial up would be replaced by high speed.

When you invest in technology, you must always know that there will be someone who going to come up with a better products. Do you remember the ZIP drive from Iomega? Zip drive was a hot product back in the day, but now nobody care about ZIP drive. The ZIP drive was replaced by CD-R.

I also believe that in a few years spinning hard drive will be replace by flash hard drive. The problem with investing in technology is that it has a short life. Coca-Cola will always be Coca-Cola because there’s no need to reinvent the same products. Can Coca-Cola adapt to non soft drink? Of course they can they already did, they bought Vitamin Water.

Sometime we invest our money in mutual fund without knowing where the money is invested. I guess that is the reason that I decided to invest on my own. We don’t really care if the business model is sound and promising in long term. The only thing that we care is if the stock price goes up. When we don’t think of our self as a business owner, then that is when we start to lose our money. Today I bought Visa around 64 dollars because the company really has a unique business model. I know 64 dollars is expensive but if it keeps going down I would keep on buying because I like the business model.

Final Thought

I am more active than ever in investing and building this website. I guess you can says I have become a better investor because of this website. This website gives me the motivation to become a great investor. Don’t think negative of yourself; you can become whom you want to be if you don’t give up. I also like to thank the readers who think what I am writing make sense.