3 ms·

Invest in bikes and nuclear and trains

• panick21_ 3y ago
  Its very hard to invest in these things. Most advanced nuclear is not public. Trains are usually part of really old really large companies. And with bikes there are just so many competitors its hard to have any understanding in that market. As a society, of course we should invest in bikes, nuclear and trains. But as an investor, EV and batteries make more sense. The thing is, we don't need new technology to solve our problems. Trains and nuclear work fine with 1980s technology and supply chains. However transforming the car industry to electric is a gigantic growth opportunity.
  • jokoon 3y ago
    you just explained why capitalism is problematic: always short term
    • panick21_ 3y ago
      Has nothing to do with 'capitalism'. It has to do with what government invest money into and how they drive infrastructure. There is a huge opportunity in EV because governments uniformly push for it and the car and car infrastructure have been the majority of infrastructure investment over the last 70+ years. And investment is not always short term either but if there is a huge push of money and an exploding industry and you think you can recognize that before others, then its a good opportunity, and its not short term but more mid-term. If you invested in Tesla around 2016 its not short term where you win a lot of money. The same goes for investment in the battery supply chain. At the same time the idea that these intensives are not universal, is simple wrong. Human always like short term success. So to blame short term thinking on capitalism is ridiculous. The Soviet Union often preferred short term political wins over long term success as well.