Quote:
Originally Posted by GrussGott
I think what people forget is what happens as the economies of scale tip ...
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Maybe. The problem is really that there is a lot of KoolAid lying about, many of the people who drank the KoolAid ended up getting rich, now we are trying to extrapolate why to figure out how we get in on the action...
Projections are easy to make; however, they may be wildly off. Because, even if the projections are based on actual market actions, the market actions themselves may be misguided if not rooted in fundamentals. Here, it may not matter that the market actions are broadly in concert.
I really appreciate the effort you take to provide your thoughts. Thank you.
It is a shame that the previous thread was deleted -- it would have been great to revisit it in 10 or even 20 years.
I hope this thread sticks around for that long.
Take care.