In 2009, I batted .600 in predictions for 2010. And I thought that was fun. It’s one thing to make predictions; it’s another to look back and see how those predictions fared.
How did I do last year in predicting events of 2011? I was hoping to be maybe 1 out of 7, since most of my predictions last year were of the doom-n-gloom variety. Sadly, I think I’m 4.5 out of 7 for a .642 batting average. Hall of Fame (Infamy?), here I come.
We’ll review my take on the predictions for 2011 after the jump.
I saw a documentary called “The Pit” about floor traders on the New York Board of Trade. It shows before and after they were bought out by an electronic trading company ICE. It is not an exact parallel to real estate but it shows clearly that progress waits for no one and no one (or company) is bigger than than market. That is my long winded lead in to: What are you doing now so your service will be relevant 2 years from now?
That sparked a bunch of discussion. The trailer for The Pit, by the way is here:
The movie is about the impact of technology on the Wall Street traders in the actual trading pits. Loren raises a really interesting question.
As it happens, I just contributed a chapter to Stefan Swanepoel’s upcoming report, speculating on the state of real estate in 2022. I’d call it science fiction, since ten years might as well be fifty years for trying to see where technology is headed. But I did find something while researching and thinking about that which is worth thinking about more.
Because of space limitations in print format, I couldn’t really get into all of the detail I’ve been thinking about. So I figured I’d think out loud here with you all.
So I’ve had a few days to recover from a wonderful, crazy, hectic, monumental week. I’m referring, of course, to the HearItDirect event that Sue Adler and I hosted in Charleston, SC last week. Quite a bit has been tweeted about the event, quite a few people have written on it, called us, emailed us, and so on, so I’ll limit this to just some of my top thoughts on what I saw/heard/experienced.