Blizzard Asset Management

Blizzard Asset Management

Blizzard Asset Management

Someone who knew in 1975 that within a few years small powerful computers connected by a vast telecommunications network would be commonplace in offices and homes could not have taken advantage of this vision by investing in Dell or Cisco because they didn’t yet exist. They probably would have bought stock in Digital Equipment, Commodore, Atari, and Wang. Today none of these companies still exist.

This dynamic is still playing itself out in the new information economy. This began when analysts announced that the basis for competition had shifted from assets to information. While this is still true, many companies are still trying to figure out how to adapt to this new reality.

The Value of Information Over Capital Assets

Many thought that business can now get back to usual after the dot.com bust. Unfortunately though, "the good old days" have not returned. Large brokerage houses have not been able to return to the high fees they had to abandon in response to competition from online traders. Established brokers are still find that pricing and profits are lower than they used to be.