Technologies and the Stock Market

Carlos Bilardo, doctor and Argentinian trainer, world soccer Champion in Mexico 1986. He introduced to his team the technique of watching with his players, the last games of the future rivals. He was very pressing on Maradona, to follow the performance of Rummenigge, saying to him: “Che mira que pedazo de jugador, Como la toca, como mira, como la mueve”

The translation from Lunfardo(Buenos Aires Dialect), would be: Look how he plays, look his game vision, how he touches the ball.

The free time of Maradona needed to be used in watching the films Bilardo gave him to study. This was a technical and technological advance for the sport. And this is the main point of this article, now many companies produced applications related to the sport, and at the beginning they talked about billions of dollars of product value, but with the global and open market for developers, countries like India, Bangladesh, Ukraine, etc, the price for the purchase of this products are very affordable.

So who invested a million in a company located in California or Milan that starts to develop these technologies will just loose most of the capital, because by the time they are ready, there will be many other competitors with very low operational costs with more flexibility, or no rules at all, for their workers who launch a very similar solution, with no way to make it competitive.

This is the big problematic with the Stock Market in technological Assets now a days. It’s very difficult to think they will keep their value, and is to much money invested in this!