Last night I had the strangest dream.
I dreamt that I was working at IBM of all places.
And, of all things, on my desk sat a rotary phone.
Every time I tried to place a call, I would accidentally dial an incorrect digit – forcing me to start the process all over again.
It was infuriating.
Finally I had had enough. I walked into my bosses office and screamed, “Why the hell is IBM still using rotary phones in the year 2025?!?!”
Then I stormed out and started trading crypto from my cell.
It was a sign.
It was a sign to short conventional financial, media and even technology companies.
Not that I need to dream to see that the world is in a state of unprecedented transformation. For years now, I’ve been watching it unfold during my waking hours. I was just never able to pinpoint a date.
Mark my words, by 2025 media, finance and tech will be completely unrecognizable.
It’s time for the long short – starting with Berkshire Hathaway. It’s loaded with enterprises of yesteryear that may or may not ever acclimate.
You can bank on change, but never on another’s ability to adapt to it.
141 blog posts down – 224 more to go…