3 ms·
Isn't the whole point of a bubble is that you don't know you're in one until it bursts ? > Because it is often difficult to observe intrinsic values in real-li
by mderazon 9y ago
Isn't the whole point of a bubble is that you don't know you're in one until it bursts ?
> Because it is often difficult to observe intrinsic values in real-life markets, bubbles are often conclusively identified only in retrospect.
[1] https://en.m.wikipedia.org/wiki/Economic_bubble https://en.m.wikipedia.org/wiki/Economic_bubble