Infrastructure, Tom Scott and Investments
Infrastructure as a framework for investing is a super power
To understand the intersection between building modern digital infrastructure and government regulation in the 21st century economy, study the life of Tom Scott, a railway executive in late 19th century.
It will enable you make certain investments based on tried and tested plays refined over the past 200 years of modern capitalism.
AWS is one of the key infrastructures for the modern digital economy. From Netflix to Government systems, AWS has a big reach. The executives that run AWS can be likened to the 19th century Tom Scott, who was the vice president for the Pennsylvania Rail Road.
The key point is that AWS is version 1. So don't feel bad if you didn't partake in Amazon's share growth in the past decade.
Now is the time to look for version 2 of AWS and invest in it. Version 2 is not a linear growth from version 1. Version 2 is going from analog to digital as was done in 1992.
Spot on summary, especially for new investors! Data is often flawed but even more so in times of economic uncertainty. Throw in the fact that the current impasse is not of primary economic origin but due to a novel respiratory virus and it becomes even more obvious just how inadequate a lot our modelling is! There is never certainty in the markets, only chaos and what meaning we make of it.