Daniel Morgan: 'For too long people have backed companies on hope value rather than solid products coming out. Now we are coming out the other side.'

For too long people have backed companies on hope value rather than solid products coming out. Now we are coming out the other side.

The quote by Daniel Morgan, "For too long people have backed companies on hope value rather than solid products coming out. Now we are coming out the other side," touches upon a relevant aspect of the business world – the significance of investing in companies based on tangible products rather than mere speculation. In a straightforward manner, the quote emphasizes the need for a shift in focus towards evaluating a company's actual offerings rather than relying solely on potential or promises.Morgan's observation highlights a common phenomenon where investors and consumers often fall prey to the allure of a company's potential, investing in them based on hope value. This hope value refers to the perceived future success, growth, or innovation that a company promises, creating a sense of excitement and anticipation. However, as Morgan suggests, such blind trust in hope value can be risky and ultimately leads to disappointment when the promised products fail to materialize or meet expectations.Now, let's explore an unexpected philosophical concept to bring a fresh perspective to the topic. One such concept is existentialism, which delves into the individual's responsibility to create meaning in their own lives. In the context of Morgan's quote, we can draw parallels between individual existential responsibility and responsible investment choices.Existentialism posits that individuals must take responsibility for their own existence and make choices that align with their values and beliefs. Similarly, when investing in companies, individuals should assume responsibility for their investment decisions and make choices based on solid and tangible products rather than relying solely on hope value. By doing so, they not only avoid disappointments but also contribute to a more mindful and sustainable business landscape.Drawing a parallel between existentialism and responsible investment highlights the importance of accountability in both personal and financial decisions. It prompts us to question our motivation behind investing in a particular company – are we seeking short-term gains based on hope value, or are we consciously evaluating the company's products, values, and long-term potential?The contrasting viewpoints of hope value and solid products present a consequential dilemma for investors and consumers alike. While hope value is an enticing prospect, it can lead to hollow investments and unfulfilled promises. On the other hand, backing companies with solid products ensures a more stable and predictable business environment. The latter approach necessitates a shift in mindset and an informed evaluation of a company's offerings, market presence, and growth trajectory.In conclusion, Daniel Morgan's quote aptly highlights the need to prioritize solid products over hope value when evaluating companies. By exploring a philosophical concept like existentialism, we can understand the importance of assuming individual responsibility in investment decisions. Balancing hope and realism, investors can contribute to a more sustainable business landscape by choosing to support companies with meaningful and tangible offerings. As we emerge from an era dominated by speculative investments, it is crucial to shift our focus towards the quality and value of products being offered, bringing us to a better, more informed side of investing.