Risk management businesses include insurance companies and staffing companies that help protect against the obligations that come from full-time employees.
 
Digital assets instead of hard assets instead of things. Young people don’t collect things; they collect photos, applications, and games.
 
The former Wall Street analyst also recommends shorting services companies such as the legal profession where she says the business model has collapsed.
 
Artisans and experts like financial advisors will still profit in service businesses that offer a high level of expertise. They are well positioned for the future.
 
She advises knowing where the economy is going but to position investments to take advantage of whatever happens.
 
Schroeder is working on her second book about Buffett and already has plans for a third. The second focuses on these recommendations and the third will highlight Buffett's approach to evaluating investments.

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