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#17 - The Future Of Technology and Money [Interview with Daniel Riggs]
Technology is vastly changing how we gather and consume financial information. Gone are the days of going to the library, requesting annual reports, finding subject matter experts or any other endeavor to find financial information on a business.
Now we have the internet. Access to most financial information merely requires a smart device and a few taps of your the fingers. Its revolutionizing the speed and accessibility of financial information.
Will it make us better investors. In some instances yes and others no. The internet leverages human intelligence. If a company is up to immoral or fraudulent practices then a journalist or whistle blower who discovers it can jump on the internet and hit send. The internet enables you to gather and receive real time information that's essential to your business analysis.
The internet doesn't negate old fashioned business analysis. A Robinhood account doesn't make you a better investor. It merely enables you to access markets quickly.
In this podcast we do a deep dive into how tech is impacting business, money and the markets.
"""Evaluating a Business Requires Effort & Diligence, Buying a Business Requires Patience.""
--Red to Black Podcast
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