This reminds me of the speech Peter Thiel gave about how MBA flocking to a sector is a good early bubble indicator. The reason is that MBA don't give a crap abo

This reminds me of the speech Peter Thiel gave about how MBA flocking to a sector is a good early bubble indicator. The reason is that MBA don't give a crap about an industry until it is at peak. Then shortly the bubble almost certainly bursts . Examples he mentioned, junk bonds, dot com, subprime and now startups...