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The Internet Is Dead (As An Investment)

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Re: The Internet Is Dead (As An Investment)

#21
post #17
post #14

Instead he suggests highway building companies. Several car manufacturers just went broke. I suspect highways are not the hottest thing on the planet anymore.

If prices reflect this already --- or especially if they have over-reacted, it might a good opportunity to buy anyway.

Couldn't you say that about anything?

Re: The Internet Is Dead (As An Investment)

#22
post #21
post #17

Earlier quoted context omitted.

If prices reflect this already --- or especially if they have over-reacted, it might a good opportunity to buy anyway.

Couldn't you say that about anything?

Of course. I just wanted to point out, that it's not only the state of an industry that determines if it's investment-worthy. But also the price of assets.
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