Warren Buffett's Recently Confirmed Our Worst Fears By David Hanson Dear Opportunistic Investor, Admitting fear is difficult. So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that's keeping him awake at night. The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the 2014 Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours. The catch was: Attendees weren't allowed to record any of it. No audio. No video. Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat." That's how Buffett responded when asked about this emerging market that is a threat to his multi-billion dollar empire. This market is already expected to be worth more than $2 trillion in the U.S. alone and Google has already put some of its best engineers behind the technology powering this trend. But while Buffett is confident about the future of this technology, Americans are concerned about its safety and fear the unknown. Even more, the FBI recently completed a report stating the technology will make us more efficient but it will also open up possibilities for it to be used as "a potential lethal weapon." The amazing thing is, technolgy makes massive leaps forward, later proving our prior fears were completely misguided. And that could be where the real opportunity lies today. Because those savvy enough to look past fears of the unknown can invest in this new industry BEFORE the old money realizes what hit them. Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that technology before everyone was talking about it, but I just sat on my hands." Don't let that happen again. That's why I hope you take just a few minutes to access the exclusive research our team of analysts has put together on this industry and one stock positioned to capitalize on this major shift. here's to you and your family's wealth, David Hanson Investment Analyst, The Motley Fool |
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