This piece is ridiculous. An investor who owns $1.7 billion in Facebook stock is downplaying the idea of a bubble before he has the chance to sell any of it.

This piece is ridiculous. An investor who owns $1.7 billion in Facebook stock is downplaying the idea of a bubble before he has the chance to sell any of it. Shocking. I was rather hoping he'd decide to shave millions-to-hundreds-of-millions of dollars from his net worth by popping the bubble publicly in the Wall Street Journal. And his reasoning is impeccable; we're not in a bubble because there are no crazy launch parties. Clearly, that's how investors value assets. But last I checked there was a recent bubble in real estate, but I didn't see many crazy launch parties there. So now I'm quite confused.