> It was all RAH RAH RAH and then blammo it blew apart. Skepticism was always around... again, I know because I was a skeptic and I arranged my career, with mod

> It was all RAH RAH RAH and then blammo it blew apart. Skepticism was always around... again, I know because I was a skeptic and I arranged my career, with modest but far from total success, around the bubble not being sustainable, but everyone around me had no idea what I was talking about There were some very prominent skeptics. Warren Buffett was regularly quoted as saying he didn't get what was going on and speculated that maybe it was time to retire. Where I worked, people had seen tech boom and bust cycles before but what was different was the irrational exuberance wasn't just confined to a handful of stocks. Many people really did believe it was a new era and old rules didn't apply, and they were only too happy to check in on their rising Schwab and E-trade balances.