All that tech glitter is not gold

The hype surrounding the tech sector contrasts with the doom and gloom in the banking industry, but can tech pay back in the long term?

3rd November, 2013
David McWilliams.

Last week was a tale of two economies. One is beaten down, depressed and contracting; the other is upbeat, optimistic and expanding. But be warned because, in a few short years, the former will be copying the latter and the latter will be imitating the former. That's the way it goes. Investors who put money in selective banks now will do very well, while those who chase the fashionable chimera of companies allegedly ''worth'' billions...

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