With the unprecedented rise in crypto prices, many investors are now looking to buy stocks which will act as an early indicator of future performance. This article looks at some companies that have recently released earnings reports and break down their potential for exponential growth.
The “best tech stocks to buy now” is a topic that is being discussed all over the web. Luke Lango’s “The Quickening” discusses how exponential technologies are changing the world of finance.
Many long-term investors have built generational wealth by investing on excellent internet businesses such as Amazon, Tesla, and Netflix. Given the present environment, it’s easy to understand why some analysts say the sector’s greatest days are behind us.
We “haven’t missed a thing,” according to Luke Lango.
During a recent presentation entitled “The Quickening,” Luke claims that exponential technological advancements have made it feasible for regular people to “become wealthy in the next three, four, or five years.”
What is the Quickening, and how does it work? Is this a genuine opportunity?
That’s what I’m hoping to find out in this article. I’ll begin by deconstructing Luke Lango’s forecast, then examine his track record, the stocks he’s teasing, and the service he’s hawking (Innovation Investor) to see whether it’s worth it.
Prediction from Luke Lango’s “The Quickening”
The Quickening presentation takes place in the Hudson Theater, next door to Caltech, in front of what looks to be a live studio audience (California Institute of Technology).
It’s presented by Paul Ghiringhelli, who claims that “once-in-a-lifetime possibilities” that used to take years or decades now “come along every six months or so” owing to a “new phenomena” that’s now unfolding.
Following that, Luke Lango approaches the stage and starts discussing how the pace at which Americans become millionaires is growing.
Investorplace.com is the source for this information.
Investorplace.com is the source for this information.He claims that over 1,700 individuals became billionaires per day in 2016, and that this figure would rise to 4,657 per day in 2020, which is incredible. And, as it turns out, this is correct. A “technical phenomena,” according to Luke, is a large part of the reason why.
What what is this “phenomenon” he’s referring to?
According to what I’ve gathered from Luke Lango’s presentation, the phenomena he discusses revolves on two primary concepts: exponential growth and the network effect.
“We’ve entered a new technical paradigm,” Luke says in the first, and it’s occurring because to a “amazing force called Exponential Technological Progress.”
This, he claims, explains why technology advances so quickly and why some firms are valued at billions of dollars in the “blink of an eye.” He also claims that it explains why we haven’t yet missed out and why he expects things will only become quicker in the future.
What does he mean when he talks about “exponential” technical advancement?
The term “exponential growth” refers to a rise in the rate of change. Because this is a somewhat complex issue, I believe the best way to explain it is to provide an example.
Assume a single drop of water drops in a football stadium…
It’s doubtful that anybody would notice since it’s such a little quantity of water. Let’s imagine the volume increased every hour until the football stadium was completely packed.
In such situation, that one drop becomes two drops in the second hour, four drops in the third hour, and so on, until a little puddle appears on a stretch of grass.
This procedure takes a long time, and yet little progress has been made.
That little puddle, on the other hand, continues to grow by a factor of ten every hour, to the point where the water now fills the whole stadium at ankle height. Then it rises to knee height, waist height an hour later, above the next, and the stadium is half-filled with water before you know it.
The stadium is then submerged in less than an hour.
There is a more technical explanation of exponential growth and how it works, but I believe what I’ve said so far is sufficient to convey the core concept: slowly, then abruptly.
And that’s precisely what Luke Lango is discussing in his presentation; “The Quickening” is a word he uses to characterize exponential technological advancement.
Throughout the lecture, he shows how we began with a crude form of a technology (computers, cameras, the internet, mobile phones, and so on) and how these technologies (and their usage) have evolved tremendously.
He concludes with the following statement:
We’re going to enter the most rapid and disruptive moment in the history of technology…
Take my word for it: the next few years will be the most exciting time in the history of technology investing. In the next ten years, there will be more disruption than in the past 50 years combined.
Converging technologies such as 5G, AI, self-driving vehicles, augmented reality, blockchain, and others will totally transform our environment…
https://details.investorplace.com/h3xlvqcuctexkb4t/h3xlvqcuctexkb4t/h3xlvqcuctexkb4t/h3xlvqcu
What about Luke’s argument on the network effect?
If you’re unfamiliar with the term “network effect,” it’s a phenomena in which the greater the number of people who use a product or service, the more valuable it becomes.
For example, Amazon started off tiny, but as more people began to purchase on Amazon, more individuals began to sell their things there. More individuals sold things on the site, which led to more people shopping there, and so on.
As a result, it’s a self-fulfilling loop.
And, according to Luke Lango, this is the secret of some of the most successful IT businesses in the last 20 years. He also claims that “the pace at which corporations can develop useful networks is speeding up” as a result of “exponential progress, interconnectedness, and increasing processing power.” In other words, businesses may create network effects at a quicker rate than ever before.
On the one hand, I completely agree with Luke’s assessment of technological innovation’s exponential character and the significance of network effects. I believe he is correct.
However, there’s no assurance that the firms on which he’s optimistic will see exponential development or that they’ll assist you in becoming a billionaire.
So let’s look at who Luke Lango is, the stocks he’s teasing, and the Innovation Investor service he’s pushing to see if it’s worth it.
Luke Lango: Who Is He?
Luke Lango is an investing specialist with a math and data analytic background. He also works for InvestorPlace, a financial publishing firm.
Innovation Investor, his most popular service, is an investing advising service that helps customers learn about possibilities inside developing trends.
He’s also the editor of the Daily 10X Stock Report, the Exponential Growth Report, and a number of additional advisories specializing in crypto and early-stage startups.
Luke graduated from Caltech, operated an investment firm named L&F Capital Management, and has worked with many venture capital and startup prospects throughout the years before joining InvestorPlace.
Aside from his emphasis on technological potential, Luke’s track record is one of the things that sets him apart. Luke has suggested numerous triple and quadruple-digit equities before they became big names, according to the InvestorPlace website.
Tesla, AMD, Netflix, Blink Charging, Shopify, and so on are just a few examples.
He was also named the best stock picker of 2020 by TipRanks, a third-party website that allows professionals to contribute their stock selections and insights.
So, to cut a long tale short, Luke has a solid track record. Of course, it doesn’t guarantee that everything he suggests will bring you money. However, according to the InvestorPlace website, “his research advice has an average annualized return of 69 percent.” And I’m fairly sure that includes both winners and losers, so it’s a very good overall track record.
Luke Lango’s “The Quickening” Stocks: What Are They?
As part of his “Quickening” thesis, Luke Lango claims there are “4 off-the-radar tech stocks set to revolutionize civilization” that he’s especially interested in.
What are the four stocks on which he is bullish?
Luke keeps the identities of the firms he’s interested in a secret. Instead, he unveils them in “The Quickening: Four Tech Stocks That Could Revolutionize Society,” a research paper.
He does, however, provide some information on the industries in which each business operates.
Luke, for example, says one firm he’s interested in is developing a “huge digital home-buying platform,” which he compares to the Amazon of real estate.
He also discusses a sports streaming network, which he describes as “like Netflix for live sports.”
He also mentions a “e-commerce startup that is already being heralded as the future of shopping.”
Finally, Luke claims he’s interested in a social media firm that might be a “future trillion-dollar corporation,” according to him.
He claims that this firm is in the early phases of constructing a metaverse, which is similar to a second planet in my opinion. One where you may play games, mingle, attend a performance, and so on.
Luke also discusses the possible negative consequences of his forecast for certain businesses. “The Quickening is a two-way street,” he argues, adding that “50 percent of today’s Fortune 500 corporations will vanish in 10 years, replaced by startups we haven’t heard of yet.”
That’s a big claim, but it wouldn’t surprise me if it came to pass. There are several instances throughout history of outstanding organizations that stuck to an old business strategy and ultimately paid the price. This is exemplified by Blockbuster.
In any event, in a report titled “Portfolio Destroyers: 25 Time Bombs You Should Sell Right Now,” Luke identifies 25 companies he believes you should “clear your portfolio” of.
And if you want to learn more about these companies, as well as the other report I mentioned earlier about the four stocks he’s optimistic on, you’ll need to join Innovation Investor. So, let’s see what it’s all about and how it works.
Aspects of Innovation Investing
If you want the complete story, read my full review of Innovation Investor, but in brief, Innovation Investor is a stock adviser focusing on rising tech trends.
Luke is interested in artificial intelligence, electric cars, 5G, biotech, blockchain, social media, and supercomputing, among other fields. Each month, he sends out his top selection to subscribers, along with his research and analysis of the technology, business, and stock.
It’s then up to you to determine whether or not you wish to accept his advice. If you do, you will get all of the necessary information and will be able to invest using your own broker account.
You’ll also get access to the model portfolio, which lists all of Luke’s current recommendations as well as their details. There’s also a quarterly “conference webcast” that keeps you up to speed on the jobs he recommends.
In addition, InvestorPlace is now giving the following extra reports if you join via the “Quickening” presentation:
- The Quickening: 4 Tech Stocks That Could Change Society Forever
- Portfolio Destroyers: 25 Ticking Time Bombs to Sell Now
- Three AI Stocks to Buy Right Now
- My Decade’s Best EV Sleeper Stock
- The Millionaire Playbook of a VC Insider
What does it cost to become a member of Innovation Investor? The cost of getting started with the program varies depending on where you join, but as of this writing, it costs $99 for 24 months of access.
This comes with a 365-day money-back guarantee, according to the InvestorPlace website. So you may receive a refund if you’re not happy with the service throughout that period.
Conclusion
The “Quickening” lecture by Luke Lango discusses how exponential development, in his opinion, makes it simpler than ever to “create big fortune rapidly in America.” And how, at the same time, businesses with out-of-date business strategies will perish in the next years.
The lecture was fascinating. And I believe Luke presented a solid case for exponential technological growth’s ability to increase a company’s network impact.
This, I believe, is the “phenomenon” he was referring to at the start, and it does explain why certain businesses expand so rapidly.
Is it worthwhile to invest in Innovation Investor?
Innovation Investor is worth a look, particularly if you’re searching for a low-cost service that focuses on new trends and smaller tech firms. Luke Lango is one of the few technology investors with a proven track record.
However, there’s no assurance that it’ll help you become a billionaire or even earn any money. Investing is dangerous regardless of the service you choose. So I wouldn’t join up expecting Luke to help you become wealthy soon, because I don’t think that’s going to happen.
In any case, Innovation Investor is a reliable service. So, as long as you have reasonable expectations and are aware of the possible hazards, I believe it is worth investigating.
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