Last Updated on October 30, 2020 by Henry John
“… the degree of disparity in results among larger tech companies in the future is likely to be very dramatic. And if I had the skills where I could pick the winners there, I would do a lot better than if I had skills to pick the winners in the major integrated oil field” Warren Buffett, 2011.
There’s no denying that the tech sector has great growth potential possibly more than any other sector in the market.
Tech winners like Amazon and Apple has grew at least over 25,000% in the past two decades. Not to mention stocks like Tesla and Zoom that has each grown over 300% this year alone.
We all know how rewarding tech stocks can be, but investing in tech stocks successfully is a big deal.
Picking a tech winner requires more than normal (average) stock investing skills.
Even the great Buffett is just beginning to figure it out, admitting that in spite of the overvaluation of many tech stocks, picking a tech winner reward miles beyond normal.
Are you like Buffett, who sees the potential of tech stocks and will want to figure out how to invest wisely in tech stocks?
Here are some good tech investing books to help you invest in the next tech stock winners:
1. The Big Tech Score
This is not your grandpa’s Wall Street. Stocks are more volatile now than ever. Even with all their potential for meteoric success, high tech investments are synonymous with high risk.
This entertaining primer, by one of the leading tech analysts on Wall Street, offers a practical step-by-step guide for identifying tomorrow’s hot stocks today.
Why do certain technology companies succeed while others falter and disappear?
Which businesses will rule the post-PC era?
Kwatinetz discusses what’s coming down the pike in the next few years and who the key players will be.
He shows how to filter out the noise, and come up with an independent assessment of how much a stock is worth, and reveals ten rules of thumb that will help investors build a powerful portfolio.
Note: This book was first published back in 2001 but there’s a ton of relevant knowledge embedded in it.
2. Fast Forward Investing: How to Profit from AI, Driverless Vehicles, Gene Editing, Robotics, and Other Technologies Reshaping Our Lives
Invest in the future! Everything you need to capitalize on the tech revolution
Our lives are on the verge of being reshaped by advanced technology. Fast Forward Investing provides the knowledge and insight you need to build and maintain your portfolio accordingly.
Author Jon D. Markman is a veteran tech investor, money manager, and award-winning author of the popular daily newsletter Tech Trend Trader. There’s no one more qualified to help you design a portfolio that extracts huge profits from the shares of public technology companies and helps you augment your gains with conviction during stretches of high volatility.
In Fast Forward Investing, Markman describes what to expect, when to expect it, and how to profit in impending technological and economic revolution. Revealing the most important companies in the industry that are right now building platforms and competitive advantages that will disrupt and transform their markets, he shows which trends are important and provides detailed guidance for staying ahead of the curve.
Radical advances in data collection and analytics, artificial intelligence and raw computing power are changing human history. And it’s happening with sharp advances at incredible speed. Make sure you’re at the tip of the spear with Fast Forward Investing.
3. The Big Four: The Hidden DNA of Amazon, Apple, Facebook, and Google
Amazon, Apple, Facebook, and Google are the four most influential companies on the planet. Just about everyone thinks they know how they got there. Just about everyone is wrong.
For all that’s been written about the Four over the last two decades, no one has captured their power and staggering success as insightfully as Scott Galloway.
Instead of buying the myths these companies broadcast, Galloway asks fundamental questions. How did the Four infiltrate our lives so completely that they’re almost impossible to avoid (or boycott)? Why does the stock market forgive them for sins that would destroy other firms? And as they race to become the world’s first 2 trillion-dollars company, can anyone challenge them?
In the same irreverent style that has made him one of the world’s most celebrated business professors, Galloway deconstructs the strategies of the Four that lurk beneath their shiny veneers. He shows how they manipulate the fundamental emotional needs that have driven us since our ancestors lived in caves, at a speed and scope others can’t match. And he reveals how you can apply the lessons of their ascent to your own business or career.
Whether you want to compete with them, invest in them, or simply live in the world they dominate, you need to understand the Four.