Genesis burnt and has scared off a lot of investors and punters. Likewise, BLT. Promised so much and delivered nothing of any real commercial substance. Hence, only right to be wary and cautious.
The IT sector also burnt a lot of fingers but the likes of DIL and XRO now show that serious wealth can be created from good companies in the sector.
How do you know they are good companies though?
Proper research, analysis and interaction with the company and its management are critical. And learning to discount the bs.
I draw a lot of comfort and confidence with PEB that Cxbladder is well and truly past the speculative research stage now into full commercialisation.
There are also several profile investors in there who do their homework. They have their teams doing research and analysis, and they meet with the company's directors and management on a regular basis.
Just don't bet the farm though!