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This is why I'm staying out of much of tech and the current stock market. We were taught as children the market returns 7%/yr. People took this too seriously.
by HNisCurated 7y ago
This is why I'm staying out of much of tech and the current stock market.
We were taught as children the market returns 7%/yr. People took this too seriously.
This has all the signs of the housing bubble.
- goseeastarwar 7y agoIn the meantime, the market is up 20% since January and PE ratios for the largest companies are still reasonable. Uber’s success or failure has no bearing on the broader health of the market.