In case you didn't want to watch the whole thing, here is the punchline: Today tech accounts for only 43% of the idnex, compared with 65% in March 2000 [just b

In case you didn't want to watch the whole thing, here is the punchline: Today tech accounts for only 43% of the idnex, compared with 65% in March 2000 [just before the tech bubble burst]. Its P/E ratio of 22.15 is nowhere near the stratospheric levels seen 15 years. Of course the thing with bubbles, is that everyone is always saying that we are in a bubble all the time, because to say otherwise is to look like a fool.