Yes, and this shows you agree with my point. I think what's confusing you is that you're thinking "has a basis" means "is factually correct". If you look at my comments in this sub-thread, you'll see that I'm talking about the basis of views that are potentially/actually wrong (e.g. the view that there's a market for small phones, or the view that the earth is flat). This "basis" is the reasons, drawn from experience or other information, why we think something is the case. That basis can be dead wrong, but that doesn't mean it's non-existent.