Still continues to be the greatest bubble, of all assets, in all sectors in world history. Under the current velocity of money nearly every company is overvalue

Still continues to be the greatest bubble, of all assets, in all sectors in world history. Under the current velocity of money nearly every company is overvalued at least 10x. What's even funnier the effective cost of replacement of most companies (ie money needed to reconstruct these companies from scratch) is hilariously low. A low hundred billion for Apple, for instance.