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Originally Posted by pxxx
This will probably refer to when KRL spoke about holding onto your investments for too long. He probably did that and the value started to sink for him.  |
Actually what I mean by that is timing is everything when you are in the selling mode.
Like right now, we've got a valid deal prospect on Men that is very tempting.
The question becomes do you take a nice pop after a year of ownership or hang on and see what next year or 3 years or whenever brings.
The thing I worry about is that when you are at this level of investment, even though I don't see anything on the radar right now, technology scares the living fuck out of me in terms of deal investing, because all you need is one major technology based way of doing things to change and your million dollar domain could be worth literally zero overnight.
For example, what if the Net goes to an audio input based system of finding things vs the current keyboard based way. Which I do think it will eventually, because the current search process is dysfunctional and typing all day is insanely a pain.
I envision the day when you will talk to your PC like a concierge to find sites and information. You won't type in what your're looking for, you will tell your PC concierge to find specifically what you are looking for.
This could have a dramatic impact on the value of type-in domains because you won't be typing in you will be telling your PC what to find.
It has to go to this because the search process is not effective from an efficiency perspective in its state. You get too many bogus search results and good ones are lost in a sea of millions of sites and it takes forever to find exactly what you are really hoping to find.
So what if