#42: Adam Rozencwajg On The Speculative Mania In Green Energy Stocks
Superinvestors and the Art of Worldly Wisdom
00:00
The Anti-Bubble in Green Energy
Lee: I think energy is almost a perfect representation of what my friend Diego Parilla has called anti-bubbles. Energy feels like the anti-bubble to the bubble in green energy and you can't really fully appreciate the anti- bubbles without understanding the bubble itself too. Lee: There's two different signs that things are moving a little bit almost parabolically at this point, which is usually a sign of investor euphoria or something like that. And then certainly if you look at the price of the stocks, they're all suggesting just a huge amount of capital being poured into that space.
Transcript
Play full episode
