3 ms·
> There is nothing new under the sun. Go back to the tulips and many booms and busts after. Predicting bubbles is nothing new under the sun. I remember 10 year
by lloyd-christmas 9y ago
> There is nothing new under the sun. Go back to the tulips and many booms and busts after.
Predicting bubbles is nothing new under the sun. I remember 10 years ago when craft beer was a bubble. I also remember 5 years ago when a buddy of mine in finance told me "tech is a bubble because there are too many languages". Everyone is an expert, and everyone can say "tulip" as if it's meaningful.
- dragandj 9y agoCraft beer is tasty, many people love it and regularly buy it to consume it; not to store it in the cellar with the hope that one bottle will cost $50000 in 3 years. That's real business that has real profits.