Tuesday, February 19, 2008

History repeats itself


HD DVD players are out, blu-ray is in. I'm glad I didn't buy a HD DVD player in the past few months...whew. It reminds me of the Beta vs VHS battle in the early 80s. Beta was out, VHS was in. Fortunately, we had a VHS player at that time. Then like now we our family didn't lose money on technology. I guess I did learn something from my parents after all, not to jump into trends too quickly. It's not a wait and see attitude based in apprehension and fear of risk. It is more of observation about what will have lasting power, and jumping in, with wisdom, to a trend/movement.

Is this to say those who bought HD DVD players are unwise and those who bought blu-ray are wise? Absolutely not. It would have only been unwise to buy either HD DVD or blu-ray because the "herd" moved us that way, we felt an impulse to do so, or felt like we "had to have it" to keep up with the proverbial "Jones" family. Wisdom gives us patience and allows us to take calculated risks moving into the future.

From Solomon, "To get wisdom is to love oneself; to keep understanding is to prosper." (Proverbs 19:8)

Thanks for reading

Mike

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