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200px-kfc_chicken_potato.jpgPeople need something to hope for. As it has become clear that the Internet may be making money for our descendants but not necessarily for people now old enough to shave, those of us who want some big lucre in the here and now are growing increasingly despondent. Hence no huge upside bubble in the market.

When even Warren Buffett announces disappointing earnings and talks about a recession, you know our financial system is in serious need of some feel-good hugs and drugs.

The fact is, there are several huge areas of exponential growth on the horizon that, for wise investors, just might represent the next great wave of stupid money. Let’s look at just a few, in the kind of depth that this format allows:

Robotics: A dedicated issue of Scientific Americantalks about all the great things that are coming here. While it may be slightly discouraging to keep on reading about robots whose functions are limited to making dashboards and vacuuming rumpus rooms, several adjunct professors of august institutions prognosticate machines that are smarter than we are by 2050. Of course, by 2050 we may dumber than ATMs anyway, but there’s no question in my mind that smart investors could pump up a big, translucent profit bubble in this heavily fertilized field.

Nano-Technology: Big money for very small inventions is clearly on the way. Tiny living creatures will be bred in itty-bitty labs for a variety of purposes from dispensing medication via ingestible tablets to the construction of desk chairs that give you a back rub. The future is as yet unclear, but if you simply use the word “nano” either in conversation or in a white paper of any kind, people looking to lose money line up like it’s Starbuck’s at dawn. That’s the kind of credulous enthusiasm the market needs to vault us into the next level, or possibly even to remain on this one.

Greenware: When the next generation takes control in a few years, the true passion for the environment will finally slam into gear. Gen-Y feels about Earth, Wind and Sky the way that their elders felt about Vietnam and Civil Rights – it’s their issue, the thing they care about the most. Any baby boomer who has failed to recycle a cardboard box in front of a 12-year-old knows the level of contempt the younger generation holds for such miscreants. Windmills that generate power… mulch farms… firms that figure out ways to reduce our carbon shoesize… solar solutions to our need for energy… all will be recipients of passionate investment by a society far more enlightened than ours. Those who get on that elevator early will be at the fiduciary penthouse while others are standing around in the lobby waiting for the next available car.

Human genome schmutz: Nobody wants to get old or worse, appear old. And forget about dying. That’s the ultimate bummer. Genetic research has been held back recently by a series of disasters too terrible to mention in this venue, or even look up right now, since we’re very busy. But the three-headed midget sheep problem will be solved by 2014 and recombinant DNA, stem-cell and mitochondrial transmogrification technology will begin making inroads into the problem of aging, extending human life to its ultimate limit and even beyond, particularly for really rich people who are on everybody’s nerves already. Another enormous opportunity for confabulators here.

Electronic wetware: Right now we all have to walk around with little gizmos sticking out of our pockets and our heads, and tote around heavy wallets jammed with plastic. One day all those accoutrements will be surgically implanted. The companies that figure out how to get that done without infecting the entire neural system of the recipient will be in for some big asset appreciation.

Fried chicken: People will always like fried chicken. Since the invention of the chicken, in fact, people have been looking for a better way to fry it. Hey. It’s as good a shot as any, I figure. Even if none of this other stuff pans out, there will always be room for fried chicken, right?




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The last 2 items created some religious angst in my mind….

The mark of the Beast is a government-issued identification microchip implanted discretely in your forehead without which you can’t buy or sell anything.

Fried Chicken is also known as the Baptist Bird, so I guess that offsets the former.

Posted By Name Withheld in fear of ridicule. : March 4, 2008 4:35 pm

Dude. I don’t know about any of the other stuff…but I loves me some fried yardbird with some sweet tea, fries & rolls with honey! You usually can hear your arteries cracking…but it’s so good it makes you want to slap yo’ mamma!

Watch Out!

Posted By Bob Jones, Esq., El Armpito, TX : March 4, 2008 5:26 pm

The mark of the Beast is a government-issued identification microchip implanted discretely in your forehead without which you can’t buy or sell anything.
———————–

That’s a bunch of gobbledy-gook.

I wish that I didn’t have to carry around a wallet or other electronic equipment. Those who fear technology are usually ignorant people who think Apocalypse is just around the corner. There will be no major even that will end the world.

Humans will simply die out when evolution makes another species that is stronger, smarter, faster, and more aggressive than us. I believe that chickens will evolve to become greater than people and we will be fried and eaten by them. Now that is Apocalyptic!

Posted By Yadgyu, Harkeyville, TX : March 4, 2008 7:59 pm

The financial chatter by Bernanke, Fisher, and Mishkin of the Fed creates a matter of concern when the three most recent opinions of financial health released by them on CNN clatter. Bernanke says slow growth. Fisher says inflation key concern. Mishkin says recession more threat than fed chairman says.

I’ve seen fire, rain, and the American Arbitration Association. I’ve seen legal tender from mfg. based income disappear in the financial markets. Promise and faith was the chatter in the evolving active asset accounts.

Upon investing today, in every respect liquid funds are offset with debt obligations. Our once abundantly prosperous financial centers are now applying for lines of credit at home and abroad.

The concept of the mattress isn’t too far fetched anymore.

Posted By Bob Shelby Twp Mi. : March 4, 2008 11:07 pm

Chicken? CHICKEN??? Why is everything about the chicken??? Doesn’t the egg deserve some respect???

That said, LMAO Name Withheld’s comment.

Posted By You can’t find me, QC, Phil : March 4, 2008 11:50 pm

As this world becomes more economically frightening by the minute I would suggest the following investment ideas: 1) Narcotics dealing – low overhead costs with a steady and private clientele that is extremely price inelastic, 2) Pimping – low overhead with a steady and private clientele that is somewhat price inelastic, 3) strip-club ownership – ticker RICK, 4) internet pornography – recent downloads on the Asian music sex pic story were approx 10,000 downloads per minute (that is volume that cannot be bet against).

Posted By Gus Levy, New Orleans, LA : March 5, 2008 10:37 am

“Transmogrification” – that’s a Bill Waterson word. Just glad to see you didn’t transmogrify yourself some fried chicken out of your subprime mortgage.

Posted By Allan, Orlando FL : March 5, 2008 11:11 am

Sir:

Right now, in my garage, I am working on an implantable, nano-scale robotic chicken that will genetically modify the human neural network to automatically reward “green” behaviors, such as the recycling of used chewing gum. I have already tested this out on the bats that live in my belfrey and can attest that, with just a small amount additional funding, I will be close to a major breakthrough. If you want to get in on the ground floor, please send me as much money as you can spare as soon as possible.

Respectfully,
Tatarska

Posted By Tatarska, Los Angeles, CA : March 5, 2008 2:46 pm

its all about corn…and Von Neumann probes.

seriously though, you cant have fried chicken without waffles, so I say syrup is another wise investment.

Posted By gonzales, tempe az : March 5, 2008 5:14 pm

Today it’s GOLD, baby… Better yet, inwaste (no misspelling here) your savings into some gold-based ETF, which is even more likely to be mishandled by Wall Street miscreants. I am watching with fascinations the herd actions of the inwastement lemmings…

Posted By Jacob, Brooklyn, NY : March 6, 2008 9:49 am

Stock market is risky. U.S. currency is stamped “In God We Trust”. When fraud is masked as risk by your “broker” (stock, mortgage, insurance, etc.); then in a sense God stiffs your trust.

When that happens one must go to the non-human (securities atorney). The “securities attorney” seems to possess the qualities of a “First Sergent” also “non-human”.

When I spoke to an “securities attorney” about my anomaly between my broker, my God, and the S.E.C., he was just like one of my “first sergents”. He told truthfully that his fees would be greater than any recouping of funds he could get for me.

He told me I was more than capable of representing myself (what a good guy).

After two days of grueling arbitration in the boardroom with S.E.C., Nasdaq, attorneys, my broker, and his boss no decision was reached at the time, we were to be notified by mail of the decision.

The decision came in the mail. I was the loser. But my consequences were such that I made out like a bandit. Sometimes the rewards of losing are greater than than any heavenly blessings one might get.

My greatest reward was the great leadership I experienced. I am eternally grateful to the non-humans that served as my beacon to justice.

Posted By Bob Shelby Twp. Mi. : March 6, 2008 10:06 am

If history has taught us anything it is that there are two sure-fire, can’t miss ways to make big bucks……….SIN………….and SALVATION. Take their money Saturday night while they SIN and then collect more Sunday morning when they repent and seek SALVATION

Posted By POD, Atlantic City NJ : March 6, 2008 4:30 pm

What is mitochondrial transmogrification ? and how is it done? tried to research it and google it but nothing came up.

Tanks
AV

Posted By Toronto : April 21, 2008 1:41 pm

The idea of surgically implanted wetware is spooky.

Posted By Jason, Wealthkick.com, California : May 10, 2008 6:59 pm

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Stanley Bing is a Fortune columnist and best-selling author of business books noted for their wisdom as well as their sharp, slightly acrid sense of humor. He is also the only writer on business and the workplace who still puts on a suit and tie and goes to do battle with the dragons that breathe fire at corporate America every day. This blog captures what remains of his brain after it has exploded in all other directions.
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