It's time for me to update the mantra I have used here for many years.
No, I haven't backed off my belief that the road to wealth is paved with tech.
Just the opposite in fact. What's really going on these days is that the road to wealth is becoming a super highway.
Let me explain. As I have noted many times in our twice-weekly chats, U.S. tech firms generate enormous amounts of cash.
That's one of the reasons why the top four American tech firms have combined market caps of $3.6 trillion, or roughly the size of Canada and Brazil's economies combined.
Indeed, their profit margins are so huge they simply can't invest it all in the next round of innovation.
And it explains why tech firms are the leaders in one of the market's more important new dynamics – share buybacks.
Don't underestimate the importance of this red-hot new trend. Just in the first quarter, we're talking at least $126 billion of tech share purchases.
Today, I'm going to reveal a great way to play this trend. And it's with an investment that has beaten the broad market by 161%…