Technology has long been a driving force in both the economy and within households, however in this day and age, technology leaders have been elevated to a celebrity status. But is this a trend that will continue and what does any of this mean for investors?
The NASDAQ Composite peaked in 2000 and subsequently took fifteen years to reach such high levels again, now sitting a full 20 per cent higher than the last peak. Instead of worrying about history repeating, Orbis Investments believes that times have changed enough that a comparison between now and 2000 is not only unfair, but limiting for investors interested in the technology industry.
Click here to learn how Orbis thinks about the ever-evolving technology sector and hear past examples of investments in this space.
This article was first published by Orbis Investments.
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