President & CEO @ New Century Cyber Technologies, Inc.
Blue Chips are getting Lighter
The stock market crash did not come as a surprise to the experts, considering that the bear market was long expected to crash, and the crash is well within the pattern of ups and downs. For me as the economist this indicates a wake up call for investors who naively believe in the greatness of the market titans, expecting Apple, Amazon, and other supersize companies to appease investors with a constant, infinite growth. The miracle did not happen, and how could it? Ask yourself this: what do the market leaders offer that is new, exciting, and innovative? These companies have degraded to presenting minor improvements of redundant algorithms without astounding the public. Where is the promised AI? Where is the amazing design of new products? These things are not on the shelves, they are not sold online, and that’s where we see the lack of a promising growth that is held by the invisible strings of hope that soon the technological advancements will be here, that a new miracle will happen. This fairytale is over, ladies and gentlemen. It’s time to take our sights toward greener pastures, where there is real growth and innovation, where new ideas take form and shape the future of entertainment. Take a look at the world’s first eSports Machine, a Ferrari for eSports athletes, in all aspects an incredible product for the eSports industry, completely changing the entire industry. iCTABLEis a computer, a desk, and a gaming machine all at once, for a lesser price than any useless toy from Apple or Amazon. And now, you can think on this: should we have invested in obsolete and overvalued companies, during a time where new Ferraris are created everyday?
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