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Investment bubbles have been in effect since at least the 17th century. When your Uber driver is extolling the virtues of investing in XYZ-R-US, it is time to
by GianFabien 2y ago
Investment bubbles have been in effect since at least the 17th century. When your Uber driver is extolling the virtues of investing in XYZ-R-US, it is time to dump your shares in it and related companies.
The value of investments are primarily driven by one of two factors:
1. the return on the investment, e.g. dividends, rents; or
2. the increase in price you expect upon on-selling.