Everyone can agree that the CORONAVIRUS PANDEMIC has caused its fair share of havoc.
As we sat alone, forced to finally reckon with ourselves, our decisions, and our futures - be it by external force or internal willpower- we collectively changed.
The world changes. Technology changes. Humans adapt to changes.
This may seem obvious, but it is fundamentally important to understand… and accept - that there has indeed been a global change. We are in a new world, the stakes are different and investing without understanding the new forces at play is a fruitless endeavor.
While we painfully became accustomed to our covid routines, a new class of individuals found their power in watching, creating and speculating on our new “lifestyles.” I am aligning with them.
Writing out some themes I am using to frame my investment decisions in the POST-CORONAVIRUS era.
ACCESS
This one is easy. The reddit bois brought us the gamestop movement. Robinhood removed a large friction point to invest quickly with no fees and we made a silent pact to ease judgement on those who put “INVESTOR🤑” in their bios.
The playing field has been leveled. A 16 year old kid building games on roblox has a major edge against a trader on wall street reading McKinsey’s “Future of Gaming” report. If you are passionate about an industry, you have the ability to make money and frankly - my money is on the SME always.
This is not exactly the correct use of the phrase “Passion Economy” but people really did start investing in what they love. New markets and asset classes have been spun up out of thin air. What was once considered an “alternative asset class” will soon just be a standard investment. What does this mean? A new cohort of individuals can collectively diligence and deploy funds into whatever they want. With community and passion, anything will have an ~investable market.
COOL stuff:
Alt - Invest in sports cards just like stocks. Took passionate hobby and made it a liquid marketplace.
Fractional - Own Real Estate Property with Others. Allowing anyone to passively earn rental income.
This is just the beginning - there’s tons of opportunity to create entirely new categories of investment opps with no gatekeepers. All you need is interest and internet access.