replacement cost theory

#1
just jumping in blindly is stupidity , first understand what is the idea behind something, what efforts are they taking to achieve that idea, what is the demand for that idea.

best thing what is the replacement cost of that idea, if the replacement cost is higher and the demand is very high only the you are ready to buy that idea.

return depends on the difference between the idea and the replacement cost.

like what is isro doing currently, what is the value of isro, what will be the replacement cost if i wish to compete with isro [indian space research organization]

this is just an example
 

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