However, these technologies do not usually become money-makers for their investors. There is nothing like watching a stock you own rise 10 or 20 points in a single day. The problem with investing in high-tech is not that the industry is not growing. Exactly the opposite, actually. The Internet, computing, and digital technology are growing so rapidly that entrepreneurs and venture capitalists rush to get their own idea to the market.
Competition heats up.
And soon there are too many companies fighting for market share and profits usually decline. All you had to say was 'oil' in a prospectus and people bought the stocks. You'll lose your car and your house and have to go naked to the Christmas party. This drew a laugh from the crowd.