In the the 1800s the advent of the railway spawned a succession of stock market booms, could the Internet could prove just as potent at exciting similar crowd...

Livewire News

In the the 1800s the advent of the railway spawned a succession of stock market booms, could the Internet could prove just as potent at exciting similar crowd behaviour? According to Kerr Neilson of Platinum Asset Management we are just at the beginning of the journey when it comes to harnessing the power of internet enabled businesses. Mobile technology has completely changed the commercial proposition of the Internet. Apart from untethering one from the desktop, the reality of being able to pin point the physical locational of a user allows commerce to change from passive acceptance to active pursuit; one can now actively hunt-down business opportunities. The problem for investors is to discern fad and fantasy from long-term winners. Kerr Neilson, gives his view on the sector along with an overview of the Platinum's exposures (VIEW LINK)


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