Revisiting the sectors

This is in continuation from the prior post, which was about the illusiveness of time series charts and trend lines when the underlying subject is always in a state of transformation. If that set of comments pertained to time analysis, this one is sort of about space.


The article from which this chart is borrowed, and thus presumably the data that forms its composite, includes references to hardware, software, and also Amazon and Netflix, so behind the scenes presumably also Apple, Google, Microsoft…

This raises the question of whether less obvious but equally competitive riders of the wave – for instance, Disney, Goldman Sachs, Walmart – were included… or, if not, why not?

To say nothing of Tesla… and while we’re in the realm of cars, what about other transport, like Uber, which brings us to the marketplaces, such as say, Peloton (or is that health? like Fitbit?) and Pinterest (or is that a social network? like Facebook and Twitter and Snap?), and all the way back around then to Apple, where the lot of it began.

Like time series charts (as previously questioned), sector composites help to set standards… of valuation, profitability, growth, competitive positioning, rank…

as well as subject matter guides for articles and conferences, research papers, consulting assignments, legislation…

It’s no small thing, it shouldn’t be taken lightly.

And it’s especially not small when everything can be arbitrarily included, but just as arbitrarily isn’t.

In time as well as space, analysis is ripe for disruption.