Dot.com bubble begins to inflate again ?
I dont think the analysis is correct. The last bubble was a real bubble. You had crazy sites that used to hire hundreds of employees and the only revenue came from a little pop up ad. All those companies are gone. The resurgence we are seeing is real.
The four most expensive words in the investment business....
This time it *is* different.
At least when this bubble bursts it will affect people offshore.
Every time it IS different in some ways, the same in others. The few people who can manage the new situation successfully are aware of both characteristics. Handling these situations is very difficult as you need to know the characteristics of the past situations and draw conclusions about the logical consequences of the characteristics of the current situation. VERY difficult. Almost all of us will be fooled again. I recommend "Extraordinary Popular Delusions and the Madness of Crowds".
Barry, great recommendation.
Plus, you can get the entire text online
Stock prices rise != bubble
Pretty soon we're going to have "Hop On The Next Bubble Before It Bursts" guys with everything invested in tech stocks, with a heavy "Get me the heck out of here when it starts to drop" scripts in their daytrading accounts.
(buying and selling based on emotion) = bubble
This time it really *is* different! You guys are going to miss out if you don't jump on board.
soon to be rich
Although the high and rising price of gold is something to keep in consideration.
"(buying and selling based on emotion) = bubble "
Stock prices go up and down all the time on an emotional level. That's not a good way to tell if it's a bubble.
>> Pretty soon we're going to have "Hop On The Next Bubble Before It Bursts" guys
Fog Creek Home