Have the Courage of Your Knowledge and Experience

Think about the 5-year growth stories.  What are the next big hits?  What are the big needs of the world?  Search for themes and look for bargains in the current environment.  Will the stock market stop crumbling?  I don't know.  But, one day it will stop and the markets will go up.  When that day approaches, it's best to have a game plan already in place.

Web 3.0 ideas?  Cloud computing.  Netbooks.  iPhone for $99.  Virtualization.  

Green ideas?  Solar.  Wind.  Water.

Demographic ideas?  Baby boomers retiring.  Rising BRIC middle class.

Keep brainstorming.

It is well known that Warren Buffet takes less than 15 minutes to make an investment decision.  When faced with a decision, Buffet relies on his knowledge of history and past experiences to make the call.  We want to emulate Buffet in this regard.