dealtn wrote:odysseus2000 wrote:Itsallaguess wrote:odysseus2000 wrote:
If I am wrong, why?
Is it because you have a tendency to wishfully extrapolate technology and massive social changes into much too short a time-scale?
Cheers,
Itsallaguess
Yes, but that is how the stock market works.
Folk who buy into new concepts before they become mainstream make most of the money.
Often new ideas hiccup along the way, but the early birds can exit as the hiccups starts & re-enter when pessimism is high. Tesla currently may be an example of this happening, other famous examples include Amazon, Apple etc,
Regards,
You have heard of survivor bias?
They also lose money.
Yes, it is an art of knowing when to buy & when to sell.
Get it right & good profits come & vice versa.
Regards,