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Are new batteries the latest way to lose money?

12042018 batteries

Are new batteries the latest way to lose money?

It’s easy to be excited by new technology, like artificial intelligence, 3D printing, autonomous electric vehicles, and ride sharing.  And for investors, new tech brings so many exciting opportunities to speculate – and lose.  Which brings me to the recent wave of speculation in commodities for making the latest batteries, like cobalt and lithium.

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Roger is the Founder and Chief Investment Officer of Montgomery Investment Management. Roger brings more than two decades of investment and financial market experience, knowledge and relationships to bear in his role as Chief Investment Officer. Prior to establishing Montgomery, Roger held positions at Ord Minnett Jardine Fleming, BT (Australia) Limited and Merrill Lynch.

This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.

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4 Comments

  1. Carlos Cobelas
    :

    it doesn’t say much good about mankind and our economic / financial systems if investing in future worldchanging technologies is bad investing.
    so we stick to wood and stones ?

    • Just be aware that picking winners among constantly advancing technology is extremely challenging. It’s probably easier to short the technology being superseded.

  2. I don’t understand the chemistry but I was reading that urea might be a battery option. if so battery power would be very cheap.

    This could bring about changes such as no need for a grid, allow greater decentralisation.

  3. Much of the above applies equally to solar panels. Tremendous excitement, graphs all trending towards the day when solar rules the roost but profits are hard to realise. Google “solar panel bankruptcy” and the results speak for themselves. The ease with which the bright future of solar panels, batteries and electric cars can be apparently seen means all and sundry are piling in thinking they are all on a sure thing. What could go wrong?

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