Investing is often dangerous. If you invest in a mining exploration company, you're investing in minerals which may or may not be in the ground, and a managemen

Investing is often dangerous. If you invest in a mining exploration company, you're investing in minerals which may or may not be in the ground, and a management which may or may not have the acumen to extract them. People who think they have edge will invest, and so will some people who don't have a clue what they're doing. Some people will fit into both categories. I think that's true of investing generally. you're unable to make an objective assessment of the underlying value I'm not contradicting you here, but developing this idea. I'm always interested to hear the justification that people give for investing in blue-chip technology stocks like Apple and Google. They rarely deliver a dividend and some companies have a stated policy of not doing so. What's an objective assessment for the value of a company that's too big to be acquired, and which has committed to not delivering a dividend?