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Well said. It is amazing to me that so many people here can't understand the difference between a bubble and isolated investor activity. A small group of potent
by sabat 16y ago
Well said. It is amazing to me that so many people here can't understand the difference between a bubble and isolated investor activity. A small group of potentially bad investments is not the same thing as large-scale irrational exuberance.
"Dude, if someone said Facebook is worth $50 billion, then we have to be in a bubble -- Dropbox and Github better get ready for a huge meltdown!"