Quote:
| Would you mind clarifying your point here? You point out that those things aren't a solid business plan, yet they still somehow give us "promise"? |
Promise probably wasn't the best word. Hope would've been better, I guess. My point was that even though the ideas behind them likely won't work, they're a bit of a figurehead in that we can move forward and further develop.
The Tesla vehicles, which are all electric powered, I feel are in a similar boat. I doubt their longevity, but what they can do is show that it is possible.
Quote:
|
Also, what exactly do you mean by the phrase "over valued market"? Are you referring to investments in green energy? Raw materials? Labor? I just thought that was kind of ambiguous.
|
Their worth, basically. People will invest more than necessary thinking they may end up being worth more.
Quote:
|
Although, if you were talking about investing, wouldn't it be better if the market was under-valued at this stage?
|
To be truthful, I'm not 100% certain of the answer to that question.
I would think that at this stage it would be good though for it to be under-valued as it would drive additional investors onto the scene. The investors would then bid with one another for the investments in the companies, which would then drive the values up ridiculously high causing the over-valuation. If it were to be over-valued from the start, then the investors would shy away, and the market would either never take off or prematurely crash.