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Articles like this are proof that there isn't a bubble. The defining characteristic of bubbles is irrational exuberance—everyone feeling that the sky is the li
by morgante 13y ago
Articles like this are proof that there isn't a bubble.
The defining characteristic of bubbles is irrational exuberance—everyone feeling that the sky is the limit.
Instead, we have an environment where articles like this come out on a regular basis and I probably hear "when this bubble pops" daily. Everyone is afraid that we're in a bubble. So we're probably not in one.
Be greedy when others are cautious. Since the pundits are cautious, it's probably a good time to invest.