"It is completely absurd" is your very strong opinion, not a "fact" in any sense of the imagination. Do you recall how APPLE was at one time "on the brink" of bankruptcy, being bailed out by its competitor only so that MS couldn't be declared a monopoly? Its shares could be had for a song compared to today, and I'm sure there were naysayers saying, "Why would you invest in this? Because they have not succeeded in the past, that means they CAN NOT succeed in the future!" lol!