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You don't prepare by making predictions about when it will pop, you prepare by hedging etc. Just as those who live in earthquake-prone areas build earthquake-r
by Retr0id 11mo ago
You don't prepare by making predictions about when it will pop, you prepare by hedging etc.
Just as those who live in earthquake-prone areas build earthquake-resistant buildings.
- rvz 11mo ago> you prepare by hedging etc. Has to be done before the eventual collapse of the bubble and still proves my whole point: >> the whole point is you have to prepare before it eventually pops.
- Retr0id 11mo agoKnowing whether it is or isn't a bubble isn't relevant to the decision to prepare. You prepare for both possibilities!