[anigbrowl]

I think this is only true when you abstract things away from their spatiotemporal context and treat market information as a snapshot. The art market thought Van Gogh was a weirdo with bad brush technique until after he died and people began to recognize how innovative his work was.

[grumpy-de-sre]

Naturally many a startup has also failed due to similar factors (only for the core idea to be resurrected some years later to great success).