[77T]

If we are talking about colorless, or nearly so, I'd agree about the investment quality being low.

But one shouldn't make an unqualified rule against diamonds. Fancy ones out paced the lab crisis.

The difficulty is long-term certainty due to market control in the natural segment and fragmentation in the lab-grown segment.

The natural diamond market is primarily controlled by a few major companies, with De Beers historically being the most prominent player. Other significant companies include Alrosa, Rio Tinto, and Dominion Diamond Mines. These companies dominate the extraction, distribution, and pricing of natural diamonds. I don't trust the bas**rds - they can short the market and drown small fry in calls.

In contrast, the lab-grown diamond market is more fragmented and rapidly evolving. It includes a variety of companies, from large corporations like Diamond Foundry and Pure Grown Diamonds to numerous smaller startups and manufacturers.

As consumer awareness and demand for ethical and sustainable options grow, the lab-grown diamond market will continue to expand, potentially challenging the dominance of the natural diamond market in the future. Why?
Gen 𝛂 and 𝛃 may simply crater it for cultural/social reasons.

The natural diamond industry faces several ethical concerns like "blood diamonds," mined in war zones, poor working conditions, child labor, and exploitation of workers.


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