Evidence Investor: Beware new era thinking

 

An interview with Dr David Chambers, Reader in Finance at Cambridge Judge Business School, where he talks about “new era thinking” – the idea that investors must invest in new technology such as driverless cars. David says this might be risky and points to the railroad industry in the 19th century as a “classic example of how over-excited investors can get their fingers burned.”

Read the full article [ evidenceinvestor.com ]