When people here say a domain has no value, I often wonder if they ever visit sites like Flippa where sellers will build a website on a seemingly nonsensical name but which they will sell for 25x to 40x of its average monthly earning. I know because I have an Amazon Affiliate site making about $200 monthly since December. Last month, someone offered $5000 for it. I didn't sell. The minimum I'm looking for is $6000 (30x).
On the other hand, I think they speak from domain investing angle which is different from the strategy of developing a name and then flipp it, though I can see so many similarities. For example, SEOs will develop a site and let it age so it can command a higher price. I see many domainers holding on to their names too.
That is one reason I'm back here to learn more after an unsuccessful spell in 2013. I want to enjoy the best of both worlds.