Smile for the camera Western Union investors, let's see if this is a Kodak moment for you.
You remember Kodak, the iconic film company? Neither do we.
For decades upon decades Kodak served as the benchmark for film and processing, and its mighty brand carved a wide economic moat around its profit center.
Then, in a flash, they were obliterated by new technology (digital film) that passed their product by at the speed of light. (Funny enough, Kodak invented digital photography long before anyone else but kept it under wraps for fear of cannibalizing their cash cow.)
No Kodak investor should wistfully look back at that time with a pang of regret that they didn't sell; "If I only I had seen that coming ..." No, they should be able to look in a mirror, diagnosis themselves as idiots, and shift their remaining capital to a no brain S+P index fund; it didn't take 20/20 forward vision to see this coming.
The same could be said for Blockbuster Video.
Google (GOOG) is one of the world’s most successful companies, its name a verb synonymous with search, adopted by all the world’s languages, its coffers overflowing with cash, and regulators in the EU and America seeking to describe its dominance as a "monopoly."
So how in the world can mighty Google be considered an underdog? Well, in taking on King Goliath (Facebook) in the social media realm, Google enters the arena as David.
When I first upgraded to my Android Phone, I found myself surprised to be registering for a new gmail account (which I found vastly superior to Yahoo (YHOO)), and using the Google search engine on an even greater frequency (like 100% where before I interspersed Yahoo/Bing). I came to love the phone, and became exactly the type of consumer Google was trying to capture by giving away the Android operating system to phone-makers.
My life became so “Googlefied” I felt compelled to purchase the stock.
Now Google branches out to social media, in what is a …
The question paramount to investors once they understand the exponential growth and importance of Big Data: who wins?
First- Humanity Wins.
From helping make more of efficient use of natural resources, to easing the burden on healthcare resources, to, in the end, robotics and A/I which will satisfy humanity's every whim, creating a virtual utopia, before finally morphing into a sentient destructive computer-overlord.
Until then, what horses should you back in the stock market so that you're a multi-millionaire when Skynet launches the nukes. (on the off-hand chance you get to take it with you.)
To answer this I wish to make two distinctions between oft used analogy "Data is New Oil" 1. While oil has a fixed supply, data is being generated at an ever increasing rate. 2. While p…