BY: Izere
Over the course of the semester, Professor Sistrunk has guided us through thinking about the
more practical side of how technology has changed the way businesses and people, respectively,
interact with one another. This has been particularly helpful in making sense of details we may have
otherwise not paid attention to such as the function of an PBX within a small or large business –
nonetheless it has been a great introduction to thinking about how technology will become increasingly
relevant as we progress through our lives as businessmen. Professor Sistrunk has also made it a point to
stress financial responsibility as well as building wealth, so let’s get to the meat of this post – investing in
technology for outsize returns moving forward. Technology is the future, right?
Below: two primers on the stock market and some terminology for you to acquaint yourself with lest
you shake yourself out while discussing the market with your friends.
http://saraserina.hubpages.com/hub/How-The-Stock-Market-Works-An-Easy-Primer-to-Understand-
Stocks-and-the-Market
When we look at some technology giants like Apple (AAPL), Google (GOOG), Cisco (CSCO), take a second
to explore long-term price charts – and how beneficial it would have been to invest when these
companies and their technologies were still at an early stage. Unlike more opaque industries which we
may not understand (metals & mining, durable goods), technology companies which produce hardware
we use can be easier to understand. Early stage companies are inherently riskier (lack of performance
history, but with more risk comes more reward.
Identifying companies to invest in may be a challenge. Mr. Odebode mentioned 3D Systems (DDD) a 3D
printing company, however there are many, many more. Find below Deloitte’s Technology Fast 500, an
annual ranking of the fastest growing technology companies and a three-year old Forbes article on
choosing technology companies. Happy investing!