Investors don't want 5x revenue valuations, they want 30x growth.
Make 'real infrastructure' and 'housing' companies attractive products for investors to buy and they'll buy. (No idea how to do that, don't ask me! :))
We need to kill the idea that a) this is what investors should be looking for, and b) it's even possible aside from a 1 in 1,000,000,000 fluke.
All of these economic instruments are supposed to be there to serve the needs of real human people, not just to make the wealthy even wealthier. We need to break this cycle of ever-escalating capital chasing capital, and get investment in things that will actually make people's lives better.
That's the thing. You have to remove the unsustainable nonsense that looks like 30x growth in order for investors to be willing to invest in 5x revenue valuations.
(If you have real things that are actually producing 30x growth then that's fine, obvs.)
capitalism is kinda-sorta weaponized greed, but in a way that tries to promote competition and thus create actual value. IMHO blaming regulators for not nudging capital in the politically desirable way is appropriate: either they shouldn't be regulating because they don't know how, or they're regulating according to a hidden policy instead of whatever they say. (cue 'why not both'.)
There is no need for hedging language, it is entirely weaponized greed.
> but in a way that tries to promote competition and thus create actual value.
No, its in a way which tries to remove constraints from the power of the capitalist class, and full enable their dominion over society -- that's what drove it and how it evolved from prior systems.
The assumed existence of competition (along with other assumptions) making it optimal was a much later, after the fact attempt at rationalizing it in response to criticism, and actual attempts to promote competition were later yet reforms limiting capitalism, not part of its essence.
> capitalism is kinda-sorta weaponized greed, but in a way that tries to promote competition and thus create actual value.
In practice, capitalism itself doesn't really promote competition, but rather competition is an externally-enforced situation required to keep capitalism from going off the rails. IMHO, capitalism naturally evolves towards monopoly (otherwise antitrust laws would be unnecessary).
Maybe investors shouldn't treat inversion like casino gambling. With their capital, they could make inversions (or even their own businesses) that grow slower but steadily.
Make 'real infrastructure' and 'housing' companies attractive products for investors to buy and they'll buy. (No idea how to do that, don't ask me! :))