Remember the 3-D printing craze? In 2014, it seemed like the topic wouldn’t go away. The hype was deafening as Stratasys, one of the leading stocks in the industry, traded at an all-time high during the year as price-earnings multiples gave way to thoughts of a future filled with possibility. “Industrial 3-D printing is at a tipping point, about to go mainstream in a big way,” Dartmouth professor Richard D’Aveni gushed in the Harvard Business Review in early 2015. But then the hype disappeared. A Goldman Sachs report, noting the “ hype cycle ,” points to a timeline that points…
Recognize The “Hype Cycle” When Investing In New Technologies
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.