> Predicting the exact moment when a bubble will burst is never easy. Grantham, for example, predicted the 2000 crisis well in advance, but it took almost three

> Predicting the exact moment when a bubble will burst is never easy. Grantham, for example, predicted the 2000 crisis well in advance, but it took almost three years for it to happen. You'll always have the people standing on top of the soap box predicting the end of the world. They're not wrong. The end of the world will come one day. Its just close to impossible to figure out when. As the economist Keynes would say, “The stock market can remain irrational longer than you can remain solvent." Also, considering 2 things: first, timing the market perfectly is near impossible. second, market moves from the bottom left to the top-right of the graph over a very long term. If you are a long term investor, the safest, smartest, best thing you can do is to do nothing.