Wed, 13 Aug 2008
7th Podcast – Paul
Some of the companies within the Powershares CleanTech investment have price earnings ratios that are astronomical, to pick this investment you have to have a belief that unlike all other bubbles this is the one that will succeed. Whilst it is easy to be sceptical looking at tulips, bowling and poker as a good example, 'green' has a political and economic that has not existed in any previous bubble and whilst the .com bubble had many causalities, the big boys all survived and our powerhouse businesses today. This fund tries to identify the powerhouse companies of 'green' investment.
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