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It's not overvalued if people are still paying the price. Only the last fool in a long line will get hurt.
by std_throwaway 9y ago
It's not overvalued if people are still paying the price. Only the last fool in a long line will get hurt.
- swarup182 9y agoyeah, the last group of fools.
- prostoalex 9y agoThe last fool is likely to be some guy who eats and breathes finance. The last fool who did not negotiate liquidation preferences, ratchet provisions and a board seat will get hurt, though.