3 ms·

I’ve seen that quote before. But I wonder what sustains or pops the bubble. Is it really just group think and random movement that can’t be analyzed? Or is it m

I’ve seen that quote before. But I wonder what sustains or pops the bubble. Is it really just group think and random movement that can’t be analyzed? Or is it more like needing negative news of a certain “size” or “type” for people to suddenly switch to valuations based on fundamentals?

odele3 1y ago
Same dynamics that makes Trump wake up everyday, put on his suit and tie. I mean why does he need too? Everyone's identity is wrapped up in stories they tell themselves. If the story breaks the identity breaks.