Global Speeding

I read on twitter, so it must be true , that the average lifetime of an S&P 500 company (how long they stay in the index) has dropped from 75 years to 15 years.

Al Gore talks about ‘Global Warming’ and though it makes sense, I have never bought in. Too overwhelming to think about. My kids got the iPhone, so they can deal with extreme weather. I do buy in to consuming less, and living within your means.

Now Global Speeding exists. I am an investor in quite a few ‘Real-Time’ web companies and after a week of meeting with them, you can’t think straight. It is not like ‘There Will be Blood’. We are not digging holes and risking our lives, but the speed with which you have to move is dizzying.

Global speeding is not like Global Warming, but it does kill.