Prepare for change now, or be left behind by advancing technology

The pace of technological change and populist politics form a cocktail that makes long-term equity investment more challenging than ever

12th August, 2018
Technology-driven factors make the long-term viability of many business models highly questionable Picture: Getty

We are all, I believe, familiar with the term ‘granny shares’. Most middle-aged and older Irish investors probably have them.

Back in the 1960s the Irish stock market was very small, the main stocks around then were the two main banks, CRH and Guinness (taken over by Diageo). If you sat on CRH and Diageo shares from back then until now you would be sitting pretty. However, the losses incurred on the bank...

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