You need to avoid the hype-train if you want to be successful
And avoid all FAANGS especially…
One stock that keeps coming up is Blue Prism UK - a rarity amongst investors as its a small cap robotics company…
Although even that looks like its been infected by the hype.
The stock had a market cap of £50m in 2016 and now has a marketcap of roughly £1bn!
That’s nearly a 20x increase in value!
It looks interesting, but I fear that it will be mauled by the “robotics” funds like Polar Capital, who only have about five small-cap ai/robotics stocks to choose from!
The real money here is in early stage venture deals for the AI/Machine Learning monsters of tomorrow!