He is perhaps the world’s most influential investor, yet Warren Buffett could learn a thing or two about technology. The CEO of Berkshire Hathaway is famous for his refusal to invest in technology stocks. While his company recently acquired shares in Apple, its vast portfolio is conspicuously lacking shares in Alphabet (the holding company of Google), Microsoft, Amazon and Facebook. Ignoring these forerunners of the technological acceleration megatrend comes at a price. In 2017, Apple became the first company to breach a market capitalisation of $800bn. Alphabet, the second-biggest company in the world, is not far behind. The next three largest firms in the world are also tech companies: Microsoft, Amazon and Facebook. Technology is changing the way we invest and what we are investing in. Technology offers major clues about what will drive growth in 20 or 30 years, so can investors afford to ignore tech stocks? According to IBM, 90% of the world’s data was created in just the past t...

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