Recognize the Next Transformation Before it Becomes Obvious
Every technological revolution follows a pattern. The investors who learn to recognize it can look beyond the excitement surrounding a new technology and see where lasting value may emerge.
More Than Five Decades of Market Perspective
Continue Following the Patterns
The technologies shaping markets may change, but the forces behind investment cycles often remain remarkably consistent.
On Substack, CJ shares his ongoing perspective on artificial intelligence, technological transformation, market history, and the investment patterns taking shape today. Subscribe to follow his latest writing and explore how the framework behind Investing in the Second Wave applies as the market continues to evolve.
Markets Change. The Patterns Behind Them Endure.
From canals and railroads to electricity, telecommunications, and the internet, transformative technologies have repeatedly moved through similar cycles of speculation, consolidation, and widespread adoption.
CJ’s approach begins with a simple premise: tools without a framework produce noise, not insight.
By combining historical pattern recognition, fundamental analysis, and AI-assisted research, readers can develop a more disciplined way to evaluate emerging opportunities. The goal is not to predict every winner or time the market perfectly. It is to understand where a transformation stands, where capital is flowing, and which questions deserve closer examination.
Recognize the pattern
Compare today’s market with earlier technological cycles
Look beyond the first wave
Examine infrastructure, applications, and secondary effects
Analyze the fundamentals
Use disciplined research to separate durable value from speculation