4 ms·
People say this about everyone who calls something a bubble, right up until it pops.
by wrs 3mo ago
People say this about everyone who calls something a bubble, right up until it pops.
- timmmmmmay 3mo agothere's no prize for predicting 12 of the past 2 bubbles
- ACCount37 3mo 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 3mo agoSo far every single one has popped. The record isn't particularly good for "this time is different".
- simianwords 3mo agoNot really. Not everything is a bubble. Cloud computing is not a bubble. And screaming “it’s a bubble” 10 times is clinically insane.