Fund supervisor Scandelios: Tech shares are an excellent alternative | EUROtoday

Mr. Scandalios, the costs of know-how shares have had turbulent occasions: first a few years of upswing, then ups and downs. Can you continue to get wealthy with this?

Yes, I’m satisfied of that. You know, I’m not a type of believers who thinks that tech corporations are flawless and solely make the world higher. But I’ve lived in Silicon Valley for 27 years and have noticed a growth there that’s fairly distinctive.

What are you speaking about?

When we talked about know-how right here within the early years, it was a clearly outlined factor: an workplace house with plenty of PCs, for instance, or a constructing with plenty of servers. And right this moment you will discover high-performance computer systems in hospitals or semiconductor chips in electrical automobiles, and synthetic intelligence (AI) is accessible to everybody on the Internet. Such applied sciences penetrate virtually all areas of life and the functions have turn into an integral a part of our on a regular basis lives. This is and stays an enormous funding alternative.