‘As oil crashes, is it time to short solar stocks?’ Gosh, I wish I’d read that headline a year ago. The solar stock it tipped for doom in January 2015 has since plummeted from $19 to $2.65.
Yes, hindsight can be a wonderful thing. But what if there were an area of the markets which you knew to be grotesquely overvalued as a result of ignorance, dishonesty, and false sentiment? You’d be mad not to bet against it, wouldn’t you? It would hardly be gambling: more like plain common sense.
Already a subscriber? Log in
Subscribe for just $2 a week
Try a month of The Spectator Australia absolutely free and without commitment. Not only that but – if you choose to continue – you’ll pay just $2 a week for your first year.
- Unlimited access to spectator.com.au and app
- The weekly edition on the Spectator Australia app
- Spectator podcasts and newsletters
- Full access to spectator.co.uk
Or
Unlock this article
You might disagree with half of it, but you’ll enjoy reading all of it. Try your first month for free, then just $2 a week for the remainder of your first year.
Comments
Don't miss out
Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.
SUBSCRIBEAlready a subscriber? Log in