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Do you think that perhaps there were crickets because the people with the money/position to be able to take the bet have good reason to share your bullish view
by ebbv 10y ago
Do you think that perhaps there were crickets because the people with the money/position to be able to take the bet have good reason to share your bullish view because they also stand to benefit from you being right? So they have to not only be bearish but be really confident about being bearish to take your bet?
I believe we are in a bubble but I'm not a millionaire I'm just a regular developer, so I don't have $100k to gamble. Maybe I should have offered to take your bet at $100 a year ago? :)
To be honest, though, even though I believe we are in a bubble I don't feel that confident it will burst by 2020. There's too many factors at play that I can't accurately predict a timeline. I just think we're in a bubble because I look at valuations of companies like Uber and AirBnB and they seem inflated to me.