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In economy, if you want to avoid bubbles/pyramid burst, you have to check who is investing (as stated by Warren Buffet)?: The three "I" actors: - "I"nnovators:
by toto 16y ago
In economy, if you want to avoid bubbles/pyramid burst, you have to check who is investing (as stated by Warren Buffet)?:
The three "I" actors:
- "I"nnovators: Time to invest
- "I"mitators: Time to be careful
- "I"diots: Time to leave
The key to success is to spot when the ecosystem's actors are switching from the 2nd to the 3rd category.