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I agree with you for the most part and it is possible-- quite likely even, that I am saying my example is the exception to the rule, but generally it is not the case. However, I am not domain squatting and the economnics aren't there to do that anyway, it was to illustrate the larger point that some domains, like real estate assets and "tech" companies are very valuable while apparently similar substitutes are not value and actually quite dangerous. Currently, subtle differences make a big impact on metrics(growth, value, price) & the market is beginning to price these in. If you have seen the big short, it is a great movie, but the opening line is something like: It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so. So try to check myself when I think about something like this, although it is obviously difficult. In this current framing, certainly one or both of us, is wrong and it is sort of a matter of timing. I think we are in 1993 and you think(I don't want to put words in your mouth) are in 98'. Either way, if you were in 93 or 98 and knew what to look for you could have made a lot of money, and you yourself may have because you were fundamentally correct when others weren't. So on balance, I think you are totally correct and I do not disagree with you. However, my estimation is that many people are making the mistake of grouping unrelated things together and drawin g a conclusion, when I think that in fact, the opposite could be true currently. |