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And yet, in history, railroad is one of the few examples of bubbles that didn't ultimately popped. You can still lose money in the greed-fear cycle even if the
by scotty79 2y ago
And yet, in history, railroad is one of the few examples of bubbles that didn't ultimately popped.
You can still lose money in the greed-fear cycle even if the road leads up to unimaginable heights.
- kgwgk 2y agoI guess if it « didn't ultimately popped » neither did the dotcom bubble - nor any housing bubble.
- scotty79 2y agoYes. Both dotcoms and housing still bring immense profits to investors.
- mrbungie 2y agoA bubble around a technology can pop, and yet the tech can be ultimately valuable in the long term. That does not mean it wasn't a bubble nor it didn't pop.