The reality is There IS no NEXT Tesla or Next Apple emerging any time soon.
I've done way too much studying to believe that. There was a time when Coca-Cola didn't exist. There was a time when General Motors didn't exist. There was a time when Apple and Amazon didn't exist.
New technologies along with new ways of thinking will always create new investment opportunities. Just because we may not know about them at this very moment doesn't mean that they won't be available for purchase soon.
I think that the computer gives us an advantage today, because we can gather information about any company quickly. The problem is, we have to know what to look for, especially when these companies are in their infant stages. That's why I watch the "volume" when I'm scanning for stocks. Institutional Investors leave a large footprint when they buy sometimes. If a company is selling at say $50.00/share, and someone buys 100 million shares of it: that's a whopping 5 billion dollars worth of stock being bought/sold in a single or even several transactions in a short period of time. Why did they do that? What do they know that we don't?
That's where we have to get better and learn how to take advantage of the tools that are already out there. I think pooling knowledge is important, but I also understand that you have to do your own due diligence as well.