The Dowage, 2000, and the Next Major Cycle

From 1946 for the next 20 years, you have this booming economy that just rolls and grows. But eventually that cycle comes to an end because it gets ahead of itself. The Dowage was 2000 in 1966 and 16 years later, 1982, it's still under a thousand with lots of ups and downs until after 1982 we get past that. And then stop and think about the next cycle. So, 82 to 2000, mobile and semiconductors and software and internet and technology are likely to start the next 10 year or 20 year cycle. To me, that's biotech, that's healthcare. If anything involved in consumer electronics and technology, I don't try and guess who's the winner is

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