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Not enough people are paying attention to this economic trend

gatesnotes.com

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Re: Not enough people are paying attention to this economic trend

#4
TL;DR: Bill Gates reviews one of his new favorite books, "Capitalism Without Capital". The book extends economic principles to measure value of intangible goods (such as software and online services), which were previously not correctly incorporated in economic models.

Re: Not enough people are paying attention to this economic trend

#8

I object to the clickbait-ish nature of the title. Titles should provide a summary, not a teaser.

I'll be sure to let Bill Gates know you disapprove of his blog titles, next time we're hanging out.

Based on currently wide-spread practices, IMO it's quite reasonable to assume that this is click-bait verbiage, not the title of a post from a well-known author.

Because of that, I think it would make sense to find different wording for the HN title.

Re: Not enough people are paying attention to this economic trend

#9
He's pretty much describing why Microsoft has been a great investment

That's why large information technology companies have profit margins of 20+% and seem immune to business cycles and macro factors. They just keep printing cash even as other sectors ebb and flow. Microsoft, google, facebook, have huge profit margins and have been good investments.

It’s a sunk cost. If your investment doesn’t pan out, you don’t have physical assets like machinery that you can sell off to recoup some of your money.

But you can sell intellectual property.

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