The only way to beat the markets long-term in investing is to be an iconoclast. Ray Bradbury was one of our finest, and most human, sci-fi writers. He was a great writer first, and a science fiction writer second. Much like Philip K Dick, Robert Heinlein, and Isaac Asimov, his visions of the future influenced thinkers for generations to come.
Ray Bradbury, Prolific Science Fiction Writer, Dies at 91 – Laura Tillman
Futurism in general is a fascinating topic for investors to grapple with. It’s fun and awe-inspiring to think distantly into the future about what could be. But note: most every long-range forecast ends up wrong, and markets only discount a couple years into the future at the very most. Futurism is big danger for investing sanity. So have fun with it, but don’t invest today on vague notions decades in the fore. Here are a few recent favorite futuristic tomes:
- Physics of the Future: How Science Will Shape Human Destiny and Our Daily Lives by the Year 2100 by Michio Kaku
- Abundance: The Future Is Better Than You Think by Peter H. Diamandis and Steven Kotler
- The Next 100 Years: A Forecast for the 21st Century by George Friedman
- The Singularity Is Near: When Humans Transcend Biology by Ray Kurzweil