John Naisbitt's "Megatrends"
Still Working After 42 Years
John Naisbitt and his book were instrumental in my life. Two chapters still are; (1) working from your bedroom and (2) following the path of the medium and message.
I read or listen to information an average of twelve hours a day; in both the middle of the night as well as when normal people are awake. Naturally the content is important but more critically for me is where it is published. There are several sites that most of the trading population follow. When something moves from the bottom of the page to the page’s headline people take notice . . . we like to start following the trend when it first hits.
Carbon Emissions, still in its infancy, is such a category we watch. That’s why when the following article hit last night we took notice. Remember, the use of these offsets is “voluntary” at this time. One can only imagine when the powers that be make them a requirement. Think what that will do to the supply and demand.
it’s not always a chart that drives the equation. Sometimes it’s just common sense and the most basic of microeconomic tools; supply and demand.
Hope you enjoyed this post. I’m just a young 68 years old; my Dad became a broker when I was 13. It’s time for me to ‘give back’ to all of you what’s in my head. It’s not always pretty but it’s based on history . . . and history, unchecked, repeats itself.
Everyone learns at their own pace. If you pick everything up the first time through, great but if not email me at dzimmer@substack.com so we can further help.