U.S. Robotic Stocks: Speculators Wanted (the real kind, not the financial kind)
2012/07/26 1 Comment
The first part of the robotic stock tracker is up. The index is coming!
First observation: It is amazing how volatile robotic stocks are and how much idiosyncratic behavior each stock has exhibited since the start of the year. With this much volatility, one would expect robotic stocks to produce market beating performance over the long run, but they certainly haven’t done it so far this year. In the short run, it is very difficult to value real assets that have uncertain financial prospects. In the long run, I’m banking on an extremely bright future, powered by robots.