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I just think it's an amazing opportunity to be part of a bubble. I missed the last two bubbles (real estate and dot com). Bubbles pop, sure, but putting at leas
by swlkr 9y ago
I just think it's an amazing opportunity to be part of a bubble. I missed the last two bubbles (real estate and dot com). Bubbles pop, sure, but putting at least some money into them can pay off, of course I'm willing to lose whatever I put into it.
- workthrowaway27 9y agoIf you assume that a bubble starts and ends at the same place[0] then a bubble just serves to transfer wealth from one group of people to another. If you think you know something that allows you to be on the receiving end, great, you might even be right. Otherwise you're just gambling. [0]: Simplifying somewhat since some assets like stocks, homes, etc. have upward trends so the bubble probably ends slightly higher than it started.