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Are you in Technology Field? Where Do you Invest?

If you are in technology field than please answer the above question honsetly. Let me tell you my own experience when I asked this question to several of my friends who are in Technology field?

Well, None of them had ever invested in companies like Google & Microsoft even though they have a first class knowledge of Technology Field. And this scenario is true about almost any field. When I asked my doctor friends that where do they invest their money? None of them had ever answered Apollo Hospitals or any other Pharma Companies or big profitable hospitals.

What I ask you is that, if you have a first class level of knowledge in your own field (In our example Technology Field) than why don’t you invest in the reputed companies of your own field? Why do you rush to invest for those field investments about which you don’t have any expertise at all?

Most of the people Invest by following their emotions. Means when they see some real estate developer to make huge fortune from Real Estate Investments, they simply rush to invest in real estate, the field in which they don’t have any expertise at all.

Obviously the real estate developers will invest in real estate only because their core asset is the real estate. But it doesn’t mean that the same investment vehicle will make you rich. Rather than if you are a Techie than it is advisable to invest in technology companies like Google, Microsoft, TCS, Infosys, Wipro…etc.

This is because you know about your own field much better than the other fields and thus making Investments in your own field will definitely make you rich over the time. This is as simple.

Tell me What is your Opinion about this Investment Philosophy?

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