@tennesseetango: Legendary investor Jeremy Grantham isn’t saying SpaceX can’t build rockets. His warning is about the price investors may be willing to pay for promises about a future that hasn’t happened yet. His argument is simple. A great company can still be a terrible investment if the valuation gets too far ahead of reality. Is Grantham spotting another bubble, or is he underestimating SpaceX? #SpaceX #JeremyGrantham #Investing #StockMarket #ElonMusk
Well, that is somewhat how things work. When you invest in start-ups you are investing in possibilities. No person knows what the future holds so you have to be willing to take risk to be apart of that world if it comes to fruition. Some are unable to or are just risk averse to take that chance and that is fine. Others are willing to lay it all on the line and go for broke... hoping not to find it 😉 Another fabulous aspect of this country, the option to do one or the other. The amazing country we live in. 🙂
2026-07-09 15:04:59
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