Why Software is the Ultimate Business Model (and the data to prove it)

I often say that if Warren Buffett were 30 years old, he’d only invest in software. Here’s why…

1. The Demand for Software is very strong and stable — Spend on software has grown at ~9% for about a decade. Looking forward Gartner estimates show that the Software category is expected to grow 8–11% versus the U.S. economy at 2–3% and broader technology spending at 3–4%. Software is a GOOD neighborhood to live in.

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