So the executives sell shares of the stock after a nice jump in the market because they don't want complete exposure to the market as they did last time the (re

So the executives sell shares of the stock after a nice jump in the market because they don't want complete exposure to the market as they did last time the (real estate) bubble burst. "A diversification" is definitely a legitimate justification of off-loading some shares. I know people who saw their net worth fall from $150 million to $30 million when the market collapsed last time. They've made much of it back and they may not exactly be broke but all the rich people that saw their net worth disintegrate last time around are not as interested in betting their entire future on the stock market after seeing the existing vulnerabilities of the system. I have a feeling that a lot of this money (particularly from technology execs) will end up reinvested in other areas ... including startups. Such a theory would suggest that the bubble is still only beginning.