> I was right, and the people I was arguing with were wrong. I do wish they'd contact me and pick up the conversation, though... "The market can stay irrationa

> I was right, and the people I was arguing with were wrong. I do wish they'd contact me and pick up the conversation, though... "The market can stay irrational longer than you can stay solvent". This works the other way around too. Placing all your money in an overheated bubble is great, if you cash out before it bursts. I wouldn't put my life savings in Tesla, but I also wouldn't try and short them.