3 ms·
People say this about everyone who calls something a bubble, right up until it pops.
by wrs 4mo ago
People say this about everyone who calls something a bubble, right up until it pops.
- timmmmmmay 4mo agothere's no prize for predicting 12 of the past 2 bubbles
- ACCount37 4mo agoOr doesn't. "The stock market has predicted nine out of the last five recessions." And people who don't put their money where their mouth is? The track record gets so much worse.
- pishpash 4mo agoSo far every single one has popped. The record isn't particularly good for "this time is different".
- simianwords 4mo agoNot really. Not everything is a bubble. Cloud computing is not a bubble. And screaming “it’s a bubble” 10 times is clinically insane.