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It's conditions where most market participants believe future returns are inevitable that often lead to the biggest corrections. Eternal growth of software comp
by gfodor 9y ago
It's conditions where most market participants believe future returns are inevitable that often lead to the biggest corrections. Eternal growth of software companies is definitely a great example of "this time it's different", surely one day it will be but the question for the investor today is how confidently they can answer this question.