Warren Buffett likes to compare non productive assets like gold to productive assets like a farm or a company.
What are the most productive assets now and what do you expect will be the most productive assets in the future?
Even though food is a necessity I don't see land or farms as being high on the list. Population growth is declining.
Right now it appears demand for computer chips are rising so the semiconductor industry may be among the most productive assets. AMD, INTC, TSM
Toyota has slashed global production by 40% so it seems auto stocks are not going to be productive.
Where do you see the most economic growth happening in the next 10 years?
Submitted August 23, 2021 at 06:57AM by BeaverWink https://ift.tt/3gq3zgR
