It's been a frustrating year overall, especially for us Bleeding Heart Liberals, who lost the Obamas and fhe Clintons this year. We also may be losing the 8-year bull market, which did jump off the table to give us a last-minute gain for the year but already the repercussions of the Trump Coup are already being felt as the US and Russia have now expelled 35 of each other's diplomats as Cold War II begins.
We talked about investing in our two favorite military contractors last week, so I won't get into that again. Securtity companies are interesting. In fact, PSW Investments has an early stage investment (10%) in Aerobyte, who provide edge to edge ecryption security for IOT devices - something that is becoming a major concern in this age of Russian hacking. We're into early stage companies because, CLEARLY, the current offerings are not doing enough to secure their clients. Just this morning I got a note from Open Table, warning me that the Yahoo hack has likely compromised my password and suggesting I change it.
Having state of the art security solutions is one of the things that will set companies apart in the late part of this decade. All of this was predicted back in the 80s by William Gibson, who wrote some great novels about a World where the best Corporations had the best firewalls and those Corporations, of course, controlled the very wired World, where income disparity had run wild. Sound familiar?
“My first impulse, when presented with any spanking-new piece of computer hardware, is to imagine how it will look in ten years’ time, gathering dust under a card table in a thrift shop.” ? William Gibson,
We know that's true. I often tell the story of my first big hardware sale when I worked in computers, it was the late 80s and I sold a 300 megabyte (0.3Gb) hard drive to a doctor for $25,000. Just the drive, the server was a fortune too. And $25,000 was money back then! 30 years later, it doesn't even sound…