I feel any naive question about investing ever can be answered with "markets can remain irrational longer than you can remain solvent" The bubble is the manife

I feel any naive question about investing ever can be answered with "markets can remain irrational longer than you can remain solvent" The bubble is the manifestation of this concept. Things should be falling apart, yet they keep going up, for longer than it is reasonable; at some point, bearish investors lose so much money they decide it's better just to ride the wave up, growing the bubble even further, until it bursts and everybody loses. There is a reason investors flock to gold during these times. The best move is not to play (though you don't want to hold too much cash either)