All this is good news for those who that assumed all the juicy moneymaking opportunities in the New Economy had been snapped up long ago. The moneymaking binge is only just beginning, Smith argues. And definitely not to those who preserve or defend the old. The tool for the current revolution in industry is the Internet, says Smith. Smith looks beyond a company's balance sheet.
Discontinuous innovation is the front door to an investable event.
Incremental change is a trap door. Leveling the Playing Field Smith's aims may be lofty but his system works, he argues. In less than half a decade, the original capital invested in emerging growth companies identified in and evaluated using the ChangeWave Investing method has grown 25 times bigger, claims Smith. That's a growth rate on a compounded basis that exceeds 150 percent annually. Something bigger than gurus, something bigger than a magic strategy or system.