Really? Strange that my profits over the past half decade are through the roof.backrow wrote: ↑Tue Apr 13, 2021 2:24 pmMog you must have some Irish blood here because you are contradicting yourself.Mog The Almighty wrote: ↑Tue Apr 13, 2021 1:46 pmTo be clear, I don't care if Hitler invested in them. I'm not making a political statement here. I'm (attempting, at-least) to make a wise investment. And if one is making a political statement by not investing in them, I'd suggest that person is a fool both financially and scientifically.backrow wrote: ↑Tue Apr 13, 2021 1:32 pmMog, you do realise which companies own an awful lot of green tech & capacity don’t you ?Mog The Almighty wrote: ↑Tue Apr 13, 2021 12:19 pmMy reasoning is fairly simple. It is that usually, once it becomes obvious that something is a good investment, it's too late. By the time us plebs know about it, the stocks have already been driven way up.
In this particular case, the conservative-white-haired old men who are usually responsible for that, are broadly speaking, a demography slow to accept the scientific reality of climate change, and thus also slow to accept the potential profit of investing in green stock options. Many of them are still even putting their money on the dead horse: coal and oil.
That means there is still an opportunity there to get in on a good thing while it's still relatively near the ground floor. Obviously not what it was ten or twenty years ago, but the ship has not yet sailed. So as long the unscientific sentiment regarding enviornmental protection still exists in the corridors of power, my gamble is that it's profitable to invest in green energy. In other words, put your money on the scientific consensus.
It’s oil companies like Bp who buy up projects and firms left right and centre like Lightsource, chargemaster etc. They own 70% of the worlds green tech (annoyingly can’t find the source of this ) yet spend about one percent of their budget on them. All of the oil majors are investing billions into renewables.
Of course traditional energy companies are investing in green energy. But they're still dragging their feet. That they're only investing 1% currently examplifies my theory on this ... a) by all rights they should be investing a shit tonne more already; b) one day in the not too distant future, they will be investing a shit tonne more. Best to get in before that time, right? That's my bet anyway, it's all a bit of a gamble.
Their 1% far exceeds all the hippies and hippy investors combined, can you not see this ? Any green company worth investing in, they buy up. If you want to invest in green issues, buy Oil major shares. They only invest 1% because right now that’s all that’s commercially worth to them, not because they are dragging their heels youbdaft sod. If you can spot a hippy company before an oil one buys it, that will be the wisest investment - but from the sound of it you are buying the listed green shit that nobody else wants yet because it’s not making money. Hardly a wise investemetn strategy.
Anyway, how about this ... you do it your way and I'll do it mine.
"Hippy company", "hippy investors" ffs. It's actually dingalings such as yourself that make it a good strategy for us "hippies".