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To me at least one trillion in culumative investment does not equal a one trillion dollar industry.
by hnburnsy 7y ago
To me at least one trillion in culumative investment does not equal a one trillion dollar industry.
- mac01021 7y agoWhat does, then? Isn't the "value" of an industry normally taken to be the sum of the market caps of all the companies in the industry?
- jtokoph 7y agoMuch of the time it will refer to revenue generated on an annual basis. For example, all wind energy companies might spend $1T this year as an investment, but only bring in $10B in revenue. That would be a $10B market.
- tlb 7y agoBut manufacturing and installing wind turbines would be $1T/year revenue, since that's where their investment goes.
- rukittenme 7y ago$1T in manufacturing not in power generation which is the more important and relevant part of the equation.
- marcosdumay 7y agoThat would be $1T in cumulative revenue, not $1T/year of revenue. It is a large number. But it's a different large number from the headline.
- deleted 7y ago[deleted]