For all the bitcoin doubters it means they can finally put their money where their mouth is and short bitcoin.
I’ll admit Amazon will stir the pot a little in Australia’s retail landscape. But from an investment point of view, I think the talking heads are focusing on the wrong areas.
What is a big gain to you? Doubling your money, maybe even tripling it?
If you haven’t come across bitcoin or cryptocurrencies in the past few months, then you’ve clearly had no contact with civilisation. Everyone, and I mean everyone, has been talking about this stuff.
My guess at this point is that the next sell-off will result in a panic in some parts of the market. And this may lead to a buying opportunity. The best way to outperform over the long term is to take advantage of others’ mistakes. And often, those mistakes are psychological.
Biotechnology relies on data to conduct research. It’s the key ingredient in the validation process. Big data is not new. But what is new is the addition of blockchain to big data. It’s an intersection of big data, blockchain and biotech. And if it plays out as I think it will, biotech valuations will surge big time.
Are we on the cusp of yet another rise in geo-political risk in the Middle East? It looks that way, and the implications for global markets could be massive. Where will you see it most from an investment perspective? Where you always do; in oil.
In this toxic political climate, investors have never been more jubilant. All around the world, shareholders are making hay. Even emerging economies are going well, too. As an investor, it pays to invest with the trend. And that trend is clearly on the up. For now, at least.
The beachhead has already been established. Its massive fulfilment centre in Melbourne’s outer southeast is ready. With quick access to the busiest cargo seaport in Australia, it’s clear Amazon doesn’t intend to start small.
Bitcoin now trades above US$7,100, making fortunes in the process. So what should you do with this new found wealth? Why not try and make more on classic sports cars?