SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.60+1.5%Nov 25 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: hueyone who wrote (152349)2/2/2003 1:48:58 PM
From: Lizzie Tudor  Read Replies (1) of 164684
 
give me one investment that doesn't have an element of the greater fool theory.

- real estate (especially bay area)
- art
- GOLD (put diamonds and other metals in here)

Assets are worth what people are willing to pay for them. In the case of equities you are paying for the future, which may or may not pan out. In a lot of cases it has for growth stocks for the last 30 years at least. That is the difference between buying an overpriced oracle in 1993 vs. say diamonds. It is unlikely if not impossible that diamonds will "grow" into their valuation... same for most if not all metals imo since most will be synthesized in the near future anyway.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext