Author Topic: BOTZ ETF Global Robotics, Automation and AI  (Read 287 times)

nickenumbers

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BOTZ ETF Global Robotics, Automation and AI
« on: September 17, 2018, 10:02:59 AM »
Today I purchased some BOTZ ETF.  It is an ETF that focuses on robotics, automation and AI.  Rather than try to pick 1 winner, I would rather purchase the lot, go long on it and let them sort out who wins and who remains standing.  I think it is a matter of time, 3 to 5 years before the adoption rate of robots and automation explodes and society will change a little more.

I plan to own it for 3 or more years and see where it ends up.  I might own it for 10 years.

Thoughts, ideas, input?
The fastest Cheetah still waits for the lame baby antelope.  ..patience..


Gregmal

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Re: BOTZ ETF Global Robotics, Automation and AI
« Reply #1 on: September 17, 2018, 10:08:59 AM »
I've done the same thing for a while with CIBR. Easy, low maintenance returns. Have looked at this one too but not bought.

vinod1

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Re: BOTZ ETF Global Robotics, Automation and AI
« Reply #2 on: September 17, 2018, 11:46:20 AM »
I won't dwell on other glamorous businesses that dramatically changed our lives but concurrently failed to deliver rewards to U.S. investors: the manufacture of radios and televisions, for example. But I will draw a lesson from these businesses: The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage. The products or services that have wide, sustainable moats around them are the ones that deliver rewards to investors. -Some old fogey

The fundamental algorithm of life: repeat what works. –Charlie Munger